David Ramirez
Flex Space

Commercial Sale · Flex Space

$9,900,0000 sq ft

1543 Washington Ave, Miami Beach FL 33139, MIAMI BEACH, FL, 33139

Active73 days on marketListed Jun 2, 2026MLS #A12029333

About this property

The property at a glance

SOUTH BEACH DEVELOPMENT OPPORTUNITY Unique opportunity to acquire possibly the last remaining privately-owned vacant lots on Washington Avenue. This is the only vacant parcel of land for sale on Washington Avenue. 17,500 square feet of land on two lots with 100 feet of prime frontage on this major South Beach commercial corridor. Great investment opportunity! As a result of zoning changes designed to revitalize this major north/south corridor, Washington Avenue has benefited from new mixed-use hotel projects over the past few years with more developments and improvements in the pipeline. Flexible CD-2 zoning allows for hotel, multifamily, retail, restaurant, and other commercial uses. Be a part of this exciting transformation in the heart of South Beach!

0

Building sq ft

17,500

Lot sq ft

1946

Year built

6400

Zoning

Flex Space

Property type

Building size0 sq ft
Lot size17,500 sq ft
Year built1946
Zoning6400
Business typeOther Type

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $2,475,000
Interest rate6.00%
Loan term

Estimated payment

$53,752/mo

Principal & interest$44,517
Est. property taxes$9,075
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

20,000vehicles / day · 202515 St to 26 St · Traffic count · Florida DOT

What’s nearby

Tropics HotelLodging0 mi
Mr. R SportsRetail0 mi
Al Basha Grill KebabRestaurant0 mi
Chalan On the BeachRestaurant0 mi
Cybr CaffeRestaurant0 mi
1973 by Mr. RRetail0 mi
Art ConnectionRetail0 mi
BikinisRetail0 mi
Aqua Hotel Miami BeachLodging0 mi
Courtyard Miami Beach South BeachLodging0 mi
Hiro's Sushi ExpressRestaurant0 mi
GoldenRetail0 mi
Regions BankBank0.1 mi
Lost WeekendRestaurant0.1 mi
Pane and VinoRestaurant0.1 mi
Spitfire-Turkish Halal FoodRestaurant0.1 mi
Blocks Pizza DeliRestaurant0.1 mi
The Hall SouthBeachLodging0.1 mi
Anchor Shops & ParkingRetail0.1 mi
Caffe Di MauroRestaurant0.1 mi
Five GuysRestaurant0.1 mi
Zesto PizzaRestaurant0.1 mi
Jenga barRestaurant0.1 mi
GrillfishRestaurant0.1 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

23,083

Population

$70,404

Median income

41

Median age

2

Avg household

$377,608

Median home value

$1,724/mo

Median rent

1,591

Households w/ kids

Consumer profile

Party LifeTop 3%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Wealth SignalingTop 4%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

NetworkingTop 12%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Pieces of HistoryTop 22%

You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.

Men's StyleTop 22%

This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.

Film LoversTop 23%

Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.

Recent sales

What actually sold near 1543 Washington Ave

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

410 Meridian Ave, Miami Beach FL 33139

$9,000

410 Meridian Ave, Miami Beach FL 33139

Sold Jan 1, 2026

841 W 40th St, Miami Beach FL 33140

$1,855,000

841 W 40th St, Miami Beach FL 33140

Sold Nov 21, 2025

410 W 41st St # 403, Miami Beach FL 33140

$46

410 W 41st St # 403, Miami Beach FL 33140

Sold Oct 1, 2025

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 1543 Washington Ave — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 1543 Washington Ave.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Listing courtesy of One Sotheby's International Realty · Susan Gale. MLS #A12029333.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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