Miami Beach Commercial Real Estate - Sold

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251 Washington Ave, Miami Beach, Florida 33139
21
MLS# A10413675
251 Washington Ave ,
Miami Beach, Florida 33139
$7,700,000 $8,500,000
Sq.Ft: 13,000 PSF: $592.31 Type: Commercial Land/Lots

13,000 square foot double lot South of Fifth. RPS-3 Zoning. 1.75 FAR. 100 feet of frontage. Site is surrounded by world renowned beaches, culinary and parks, easily walkable to the best Miami Beach has to offer. Prime location to build an exclusive boutique residential project on one of the last remaining double lots.

9.4% DECREASE
(-$800,000)
DAYS ON MARKET: 409 LISTING DATE:
02/06/2018
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321 Collins Ave, Miami Beach, Florida 33139
26
MLS# A10337421
321 Collins Ave ,
Miami Beach, Florida 33139
SOLD FOR $6,800,000
Sq.Ft: 8,766 PSF: $775.72 Type: Commercial/Investment

Rare hospitality offering in prime South of Fifth enclave, one block from the ocean in South Beach. This stylish and warm, 8,766 SqFt, two-story, 26 room hostel includes all new flooring, upgraded en-suite bathrooms, on site laundry, over-sized lobby, common area kitchen, freshly painted exterior and recently completed 40 year re-certification. Operating as Jazz on South Beach Hostel, the property currently holds 196 beds with potential capacity to increase to 218 beds. Feasibility study done for 3rd floor addition & new owner can activate lobby with liquor license/ food and beverage. Steps to the best restaurants, nightlife, and retail; this property is central to the fashion, art, and culture that is Miami Beach.

4.8% DECREASE
(-$345,000)
DAYS ON MARKET: 567 CLOSING DATE:
04/12/2018
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1321 15th St, Miami Beach, Florida 33139
35
MLS# A10621392
1321 15th St ,
Miami Beach, Florida 33139
$6,550,000
Type: Commercial/Investment

Keyes Commercial Realty is proud to exclusively represent the Miami Suites South Beach at 1321 15th Street in the heart of South Beach's trendy West Avenue neighborhood. A recently completed and extensive renovation provides exceptional guest comfort and style in a charming residential setting. Comprised of eight 2-Bedroom and 6 One-Bedroom Suites the hotel sleeps a total of 72 guests. Daily rentals and OTAs are permitted with AirBnB, Bookings, Expedia etc. The Miami Suites South Beach has been fully upgraded with new impact windows & doors, a fire suppression & fire alarm system, new kitchens & baths, floor & wall finishes, and new MEP & landscape. It is fully ADA compliant, appropriately licensed as a Suite Hotel, and is fully operational. SEE ATTACHED OM FOR COMPLETE INFORMATION

0 DAYS ON MARKET: 30 LISTING DATE:
02/19/2019
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7700 Abbott Ave, Miami Beach, Florida 33141
26
MLS# A10400550
7700 Abbott Ave ,
Miami Beach, Florida 33141
SOLD FOR $5,600,000
Sq.Ft: 16,950 PSF: $330.38 Type: Commercial/Investment

GREAT OPPORTUNITY TO ACQUIRE THREE ADJACENT BUILDINGS TWO BLOCKS FROM THE BEACH. 7700, 7710 AND 7720 ABBOTT AVE. THREE SEPARATE FOLIOS. TOTAL OF 36 UNITS. 24 ONE BEDROOMS 12 STUDIOS. FULLY OCCUPIED WITH UPSIDE POTENTIAL. ALL WINDOWS IMPACT GLASS. VERY WELL MAINTAINED BUILDINGS.

16.4% DECREASE
(-$1,100,000)
DAYS ON MARKET: 432 CLOSING DATE:
07/19/2018
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8118 Harding Ave, Miami Beach, Florida 33141
31
MLS# A10375004
8118 Harding Ave ,
Miami Beach, Florida 33141
$5,560,000 $5,960,000
Sq.Ft: 13,750 PSF: $404.36 Type: Commercial/Investment

OWNER MOTIVATED! Rare opportunity to buy a boutique Hotel in Miami Beach just one block away from the ocean!22 totally reconstruction (can be 23 units) + Big Lobby for Breakfast + Patio for Events, all new units with European Modern Design , sale included Brand New Furniture, 9 (nine) parking spaces on site. Hotel has been completely updated Property is currently rented for 5 years to Hotelier Group with a triple net lease with cap on prop taxes annual income of $370,000 on first year with annual increases up to $392,000 NET CAP 6.5 to 7% BOUTIQUE BUILDING 22 UNITS 11 (1 BED AND 1 BATH) WITH KITCHEN & 11 HOTEL STUDIOS WITH FRIGOBAR COFFE MAKER AND MICROWAVE VERY BIG LOBBY FOR BREAKFAST AND EVENTS

6.7% DECREASE
(-$400,000)
DAYS ON MARKET: 489 LISTING DATE:
11/17/2017
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2228 Park Ave Unit 1, Miami Beach, Florida 33139
75
MLS# A10545145
2228 Park Ave 1,
Miami Beach, Florida 33139
SOLD FOR $5,250,000
Type: Commercial/Investment

SOUTH BEACH Modern Mixed-Use Masterpiece with CD3 commercial zoning. 10,263 SF mixed-use waterfront building offering two pristine 4-level units with private elevators, dramatic 20+ Ft floor to ceiling impact windows, and 4-car garage. 3rd level balcony and rooftop deck with ocean and city views. Ideal for short-term rentals/Airbnb, live/work, production/event space, art gallery or high-end private office. Iconic trophy property in the Miami Beach Cultural District across from the Miami City Ballet and Bass Museum. Unique investment opportunity for savvy investor or owner/user in a prime corner location steps to the ocean, restaurants, shops and entertainment.

12.5% DECREASE
(-$750,000)
DAYS ON MARKET: 176 CLOSING DATE:
02/06/2019
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301 86th St, Miami Beach, Florida 33141
4
MLS# A10588931
301 86th St ,
Miami Beach, Florida 33141
$4,600,000
Sq.Ft: 21,600 PSF: $212.96 Type: Commercial Land/Lots

Multi-Family in Miami Beach Location.Location..Location few steps from the ocean in Miami Beach. Very good income Investment. THE OWNER NEED TO SELL .BRING YOUR OFFER.

0 DAYS ON MARKET: 92 LISTING DATE:
12/20/2018
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320 - 330 84th St, Miami Beach, Florida 33141
25
MLS# A10220475
320 - 330 84th St ,
Miami Beach, Florida 33141
SOLD FOR $3,750,000
Sq.Ft: 15,456 PSF: $242.62 Type: Commercial/Investment

Bulk condo sale – 22 out of 24 units! This well located property in the North Shore neighborhood is just steps from the beach, a 36 acre park, and the luxury development – 87 Park. Building features gated entrance, beautiful courtyard setting, onsite laundry and adjacent to Municipal parking lot. Bulk sale includes 6 2BD/2BA, 8 1BD/1BA & 8 studios. Each spacious unit features wood or tile flooring, formal dining area and huge living space. Great opportunity for investors!

6.2% DECREASE
(-$249,900)
DAYS ON MARKET: 772 CLOSING DATE:
08/15/2018
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1330 15th St, Miami Beach, Florida 33139
11
MLS# A10620975
1330 15th St ,
Miami Beach, Florida 33139
$3,550,000
Sq.Ft: 5,600 PSF: $633.93 Type: Commercial/Investment

Keyes Commercial Realty is proud to exclusively represent the Miami Suites South Beach II at 1330 15th Street in the heart of South Beach's trendy West Avenue neighborhood. A recently completed full gut renovation provides exceptional guest comfort and style in a charming residential setting. Comprised of six 2-Bedroom and 2 One-Bedroom Suites the hotel sleeps a total of 44 guests. Daily rentals and OTAs are permitted with AirBnB, Bookings, Expedia etc. The Miami Suites South Beach II has been fully upgraded with new impact windows & doors, a fire suppression & fire alarm system, new kitchens & baths, floor & wall finishes, and new MEP & landscape. It is fully ADA compliant, appropriately licensed as a Suite Hotel, and is fully operational. SEE ATTACHED OM FOR COMPLETE INFORMATION

0 DAYS ON MARKET: 30 LISTING DATE:
02/19/2019
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1201 Pennsylvania Ave, Miami Beach, Florida 33139
9
MLS# A10388263
1201 Pennsylvania Ave ,
Miami Beach, Florida 33139
$2,950,000
Sq.Ft: 7,500 PSF: $393.33 Type: Commercial/Investment

Trophy Asset built in 1939 and designed by the architect Lawrence Murray Dixon. Corner 2 Story Multi-Family apartment building, located at the Very Center of Miami Beach Art Deco Historic District, in a Safe & Well Surrounded Neighborhood. 8,160 sq.ft. property on a 7,500 sqft lot. Close to all of SoBe's attractions, shops and restaurants. Near Lummus Park, Flamingo Park and Washington Park & steps away from the nicest beach in Miami. The building comprises 22 units (1/1 & Efficiencies) and is currently under renovation. The building is featured in many history manuals and Art Deco books.

0 DAYS ON MARKET: 461 LISTING DATE:
12/15/2017
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751 Meridian Ave, Miami Beach, Florida 33139
26
MLS# A10567574
751 Meridian Ave ,
Miami Beach, Florida 33139
SOLD FOR $2,925,000
Type: Business Opportunity Business, Other Style, Service

751 Meridian Apartments is an excellent income producing property. It's a 12 unit building with a grandfathered license for short term rentals (weekly): 6 - one bed apartments & 6 - studio apartments (1 studio is used for linen storage/house keeping). All units have 1 full bathroom, fully equipped kitchens, and nicely furnished. The hotel is being promoted through hotel reservation centers where it's rated 8.8/10 with 500+ reviews. It's also rated #1 of 94 for Specialty Lodging in Miami Beach area by TripAdvisor. 11 assigned parking spaces - rare to find in the SoBe area. Excellent location, just 5 blocks to the beach & walking distance to Lincoln Road's restaurants & shops. Well maintained & managed. Business information, financials & other records are available.

16.4% DECREASE
(-$575,000)
DAYS ON MARKET: 121 CLOSING DATE:
03/15/2019
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420 78th St, Miami Beach, Florida 33141
18
MLS# A10246360
420 78th St ,
Miami Beach, Florida 33141
SOLD FOR $2,775,000
Sq.Ft: 7,880 PSF: $352.16 Type: Commercial/Investment

Your chance to own the 420! This three story building is within steps of the beach and 36 acre North Shore Open Space Park, currently being redesigned by West8! 23 units under one roof with lobby entrance, corner signage, rooftop access, and side yard. Perfect property to renovate into micro-units and activate amenity space. Totally unique opportunity for the savvy investor looking to make their own mark. Buidling in great shape - Come see this today!

19.6% DECREASE
(-$675,000)
DAYS ON MARKET: 727 CLOSING DATE:
04/27/2018
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7110 Bonita Dr, Miami Beach, Florida 33141
12
MLS# A10624860
7110 Bonita Dr ,
Miami Beach, Florida 33141
$2,500,000
Sq.Ft: 11,200 PSF: $223.21 Type: Commercial Land/Lots

In the heart of North Beach's Town Center, this 10-unit multifamily waterfront property offers investors, immediate and long-term potential. The 2-story waterfront building is fully leased, includes parking, and has the potential for value add investing or a mixed-use redevelopment project. New zoning allows mixed uses such as residential, office, hotel, retail. 120 foot height limits and reduced parking requirements. with its TC-1 zoning. 10 one-bedroom units 4 units have been remodeled Below market rents can be raised Proforma with ove 7.5% returns In-place income More than 25,000 SF of Development Potential Value-add Opportunity Walker's Paradise (94 Walkscore)

0 DAYS ON MARKET: 28 LISTING DATE:
02/21/2019
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315 W 28th St, Miami Beach, Florida 33140
18
MLS# A10396416
315 W 28th St ,
Miami Beach, Florida 33140
$2,500,000 $3,300,000
Sq.Ft: 7,702 PSF: $324.59 Type: Commercial/Investment

Sheridan Park Apartments is an architecturally significant 1940 Art Deco building. It is a 2 story concrete block & stucco construction w 16 units, consisting of (4) 1 Bd, (10) studios and ( 2 ) hotel rooms. All units are currently rented. The units include gas ranges, wall ac units and wood flooring. Roof was replaced in 2006 and the 40 Year Recertification was issued in 2013. This is a development opportunity to update the building & reset the rents. Building is situated in a residential mid beach neighborhood just off Pinetree Dr and the Youth Center. It is walking distance to the Flamingo Dr pedestrian bridge and to the Internationally renowned hotels of Collins Ave. Miami Beach Convention Center, Lincoln Road, South Beach and causeways to Miami are minutes away.

24.2% DECREASE
(-$800,000)
DAYS ON MARKET: 434 LISTING DATE:
01/11/2018
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1561 Jefferson Ave, Miami Beach, Florida 33139
4
MLS# A10603059
1561 Jefferson Ave ,
Miami Beach, Florida 33139
$2,399,000
Sq.Ft: 7,500 PSF: $319.87 Type: Commercial/Investment

1561 Jefferson is a 12 Multi-family unit building sold AS-IS. A timely opportunity to build and design a fixer upper in the heart of South Beach. Own and operate in a highly desirable location. Located one block away from Lincoln road and 5 blocks from the ocean. The Multifamily inventory with Art Deco architecture is currently nonexistent. Owner-architect is offering full architectural plans along with engineering plans to comply with 40-50 year certification, including: mechanical, electrical and plumbing. Full permit approval - permits remain with the property. Property has a separate laundry facility and storage. Call for further details. Easy access to show.

0 DAYS ON MARKET: 62 LISTING DATE:
01/18/2019
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960 Jefferson Ave, Miami Beach, Florida 33139
26
MLS# A10393175
960 Jefferson Ave ,
Miami Beach, Florida 33139
SOLD FOR $2,350,000
Sq.Ft: 7,000 PSF: $335.71 Type: Commercial/Investment

Adorable corner lot Art Deco charmer * A+ Location on SoBe * 12 units (4 1-bed's & 8 studios) * Newer Kitchens * 6 blocks to Ocean Drive * 7 blocks to Lincoln Road Mall * 2 blocks to Whole Foods * 1 block to renovated 36 acre Flamingo Park (Pool, Gym, Tennis, Handball, Basketball, Baseball, Soccer, Football, Jogging, Tot Lot, Bark Park) & everything SoBe has to offer * Always 100% occupied * A very solid investment

19.0% DECREASE
(-$550,000)
DAYS ON MARKET: 447 CLOSING DATE:
12/11/2018
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945 Pennsylvania Ave, Miami Beach, Florida 33139
36
MLS# A10578072
945 Pennsylvania Ave ,
Miami Beach, Florida 33139
SOLD FOR $2,210,000
Sq.Ft: 6,100 PSF: $362.30 Type: Commercial/Investment

945 Pennsylvania Ave also known as the Seymour Hotel, 3 story multi-zoned building located 2 blocks from South Beach’s exclusive Ocean Drive. This is an extremely rare opportunity for a buyer to purchase and reposition this trophy Art Deco property. The property is located on 9th and Pennsylvania Ave which is just 25 yds from Washington Ave and surrounded by multiple high-end hotels, apartment complexes and high street retail/restaurant businesses.

26.3% DECREASE
(-$790,000)
DAYS ON MARKET: 97 CLOSING DATE:
03/06/2019
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726 Arthur Godfrey Rd, Miami Beach, Florida 33140
2
MLS# A10430027
726 Arthur Godfrey Rd ,
Miami Beach, Florida 33140
SOLD FOR $2,000,000
Sq.Ft: 2,250 PSF: $888.89 Type: Commercial/Investment

Price Reduction from $2,900,000 to $2,595,000 from $647 per Sq. Ft. to $579 per Sq. Ft. This unique commercial building is priced to sell. Located in the center of the prime business center of Miami Beach 41st street. The building consists of three floors totaling 4,480 Sq. Ft. The property can be used for retail, offices, restaurant, etc., and features a two bedroom, two bath apartment on the third floor, each floor has separate entrances in the front & rear of the property, central air conditioning on all floors. Forty First Street is home to sixteen banks, many restaurants, retail stores and houses of worship and a main outlet to Collins Avenue to the east and the City of Miami to the west.

31.0% DECREASE
(-$900,000)
DAYS ON MARKET: 380 CLOSING DATE:
12/05/2018
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644 6th St, Miami Beach, Florida 33139
6
MLS# F10137132
644 6th St ,
Miami Beach, Florida 33139
SOLD FOR $1,350,000 $1,590,000
Type: Business Opportunity Business, Restaurant, Retail

WORLD FAMOUS SOUTH BEACH LAS OLAS CAFE. ESTABLISHED OVER 25 YEARS AGO IN ONE OF THE HOTTEST AREA IN SOUTH BEACH. TWO STORY CORNER BUILDING WITH WALK UP WINDOW AND A UPSTAIRS WITH FREEZER, STORAGE AND PREP AREAS. JUST STEPS AWAY IS WASHINGTON AVENUE GENTRIFICATION PROJECT WITH NEW HOTELS AND RETAIL SHOPS. REAL ESTATE INCLUDED IN PRICE. OWNER FINANCING AVAILABLE.

11.7% DECREASE
(-$210,000)
DAYS ON MARKET: 216 CLOSING DATE:
12/05/2018
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644 6th St, Miami Beach, Florida 33139
7
MLS# F10131463
644 6th St ,
Miami Beach, Florida 33139
SOLD FOR $1,000,000 $1,590,000
Sq.Ft: 1,458 PSF: $1,090.53 Type: Commercial/Investment

WORLD FAMOUS SOUTH BEACH LAS OLAS CAFE. ESTABLISHED OVER 25 YEARS AGO IN ONE OF THE HOTTEST AREA IN SOUTH BEACH. TWO STORY CORNER BUILDING WITH WALK UP WINDOW AND A UPSTAIRS WITH FREEZER, STORAGE AND PREP AREAS. JUST STEPS AWAY IS WASHINGTON AVENUE GENTRIFICATION PROJECT WITH NEW HOTELS AND RETAIL SHOPS. REAL ESTATE INCLUDED IN PRICE. OWNER FINANCING AVAILABLE.

20.5% DECREASE
(-$410,000)
DAYS ON MARKET: 253 CLOSING DATE:
12/05/2018
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Miami Beach 
 
 
What’s the first thing that comes to mind when you mention the name Miami Beach? For the most part, the location reminds you of gorgeous white sand beaches and sunny weather all year long.  But Miami Beach as a real estate opportunity offers so much more than that. 
 
But when you become a local here, you will discover that there’s so much more to the city than that. Be at home amidst the towering buildings with stunning architecture. When the weekend arrives, you can go to one of the dazzling nightclubs or opt for more wholesome family entertainment establishments. Even people who live out of Miami Beach and those who hail from other states flock to this city whenever car shows, film festivals and other social events are held. 
 
Miami Beach Real Estate 
 
It is precisely for these reasons that the real estate industry in Miami Beach is as dynamic as can be.  The culture is vibrant, the people are warm and friendly, the location is ideal and you will have almost everything that you need within easy reach. 
 
Despite the challenges that the real estate industry in general has experienced over the years, the condos, residential and even the commercial units in Miami are selling at a brisk space. With such a dynamic local real estate market, Miami Beach should definitely be on top of your list of cities to purchase a real estate property from – whether as an investment or home. 
 
Miami Beach Condos & Homes
 
Specifically, Miami Beach is located across Biscayne Bay. It’s an independent municipality which has a complete line of all the modern amenities that both renters and homeowners might need. Nearby parks, schools, entertainment options and lush entertainment districts are easily within reach. 
 
Whether you’re an investor or a prospective homeowner, you will find that there are plenty of beachfront homes and high-rise condominiums that you can choose from in Miami Beach. Residents and renters will not be lacking in things to do, because even the simple act of people watching is something that most visitors look forward to. 
 
During the festivals and social events held year-round, you will get to experience a side of Florida which is uniquely Miami Beach’s own – starting from the Art Deco designs to food, wine and boat shows. The nightlife in this part of the region is also unmatched. 
 
When you look at the local listings, you will find that there are plenty of Miami Beach condos which have a great view of the ocean. Whether you are looking for a home or a real estate property investment opportunity, the high-end to mid-range prices of the Miami homes, condos and other residential units are never out of reach. 
 
All in all, living or investing in a Miami Beach real estate property is a worthy endeavour because the city itself is a haven of luxury and tranquillity. With its lush neighbourhoods, fabulous entertainment options, a to-die-for nightlife and great Miami real estate units to choose from, there is no doubt that this is the ultimate location for your next home or real estate investment.