1809 Washington Ave, Miami Beach, Florida

Real Estate For Sale

$4,777,000

Beds Baths

1809 Washington Ave
Miami Beach , FL 33139

Vacant Land - Active
Subdivision: Alton Beach 01
MLS #: A10118384


Lot Dimensions: 150x150
Taxes: $111,541
Tax Year: 2015
Real Estate For SaleReal Estate For SaleReal Estate For SaleReal Estate For SaleReal Estate For Sale
REMARKS: INCREDIBLE PRICE! Half acre on Washington Ave, across from Miami Beach Convention Ctr. By owning this land, you will inherit a ground lease: tenant pays your property tax bill ($100,000) + $5000 annually for the next 29 years in exchange for parking on land. This land cannot be developed at the present time as its FAR was used by the tenant per the City of Miami Beach. Ideal for those who want to own a piece of Miami Beach for long term investment and/or eventual development. Huge ROI for the right buyer!

AMENITIES: Less Than 1 Acre, Public Sewer Service,

 

 

 

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