Albert Wilk broker of Wilk RealEstate Ltd. New-York and Florida licences
Since 1987
Albert Wilk, Licensed Real Estate Broker in New York & Florida

1331 Washington Ave, Miami Beach, FL 33139

APEX Capital Realty is pleased to present 1331 Washington Ave located in Miami Beach. The subject property consists of 4,300 SF of gross leasable space positioned on 6,500 square feet of land. The property, constructed in 1925, has been renovated throughout the years, most recently in 2013. The property is currently vacant. This presents an investor the opportunity to add-value by leasing and stabilizing the property. Retail market rents are nearing $50 p/ft NNN, creating a proforma yield of 7.17%. The property has received interest from national credit tenants to lease. Located in prime South Beach, the property is in one of the main arteries of Miami Beach. It is 1 block away from the famous Española Way and Lincoln Road.
1331 Washington Ave

1331 Washington Ave, FL 33139

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Year Built: 1925
Zoning: 6400
Property type: Commercial / Industrial / Restaurant / Showroom / Lounge Shopping Center / Retail Space / Anchored Center / Strip Store
Neighborhood: Miami Beach
Zip: 33139
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Please Call: 718-376-0606

Listing courtesy of APEX Captial Realty LLC | MLS: A10615228
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