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65-75 WASHINGTON AVE, Miami Beach, 33139 Florida |
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$12,500,000
Beds Baths
65-75 WASHINGTON AVE
Miami Beach , FL 33139
COMMERCIAL
- ACTIVE
MLS #: A10475827
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STATUS: ACTIVE,
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YEAR BUILT: 1960, MLS #: A10475827,
The units are individually owned under a Condominium form of ownership. Upon the closing of the purchase, the new owners would collapse the condominium and operate it either as a hotel or as a short term rental asset. Short term rentals are allowed under the current zoning. They are currently prohibited by the Condo Bylaws.The zoning allows for many uses, retail, hospitality, apartments, and hotel are the uses allowed as of right per the current zoning. The property was built in 1960 and is considered historical as It is a Mid-Modern architecture. The zoning allows for up to 5 stories but the faade of the building would have to be restored as is. Current rent troll is not relevant since there are elderly homeowners that own their property out right.
AMENITIES: LOT SIZE BETWEEN 1/4 AND 1/2 ACRE,
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