Golden Dreams Condominium, Commercial Industrial – 65 Washington Ave, Miami Beach, FL 33139, USA-001-11-30T00:00:00-05:00
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

65 Washington Ave, Miami Beach, FL 33139, USA

$12,500,000 USD
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Address65-75 WASHINGTON AVE, Miami Beach
Building NameGolden Dreams Condominium
Type of PropertyCommercial
Type of BusinessCondominium, Hotel / Motel
Property StyleHotel Non-Waterfront
Price$12,500,000
Property StatusActive
MLS NumberA10475827
Full Bathrooms Number0
Lot Size13000
Year Built1960
Parking Space Number10
Zoning InformationCPS-1
Days on Market121

Detailed Description: 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 façade 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.

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Address Information
StateFL
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address65-75 WASHINGTON AVE
Google Location Info65 Washington Ave, Miami Beach, FL 33139, USA
Financial Information
Price$12,500,000
Full Descriptions
Detailed DescriptionThe 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 façade 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.
Year Built DescriptionResale
Parking DescriptionFree Parking
Occupancy InformationCall Listing Agent
RemarksSubject property is just 500 feet from the ocean and is situated in one of the most important corners and intersection in South Beach.
Property parameters
Full Baths Number0
Lot Size13000
Zoning InformationCPS-1
Year Built1960
Type of PropertyCommercial
Type of BusinessCondominium, Hotel / Motel
StyleHotel Non-Waterfront
Building NameGolden Dreams Condominium
Stories Number2.0000
Street DirectionFlorida
Parking Space Number10
Listed withReal Miami Commercial R.E.