URBIN Retreat Miami Beach | 1260 Washington Ave
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URBIN Retreat Miami Beach 1260 Washington Ave
69 Room Hotel Miami Beach, FL 33139 For Sale
Investment Highlights
- Prime City Block Location fronting Washington Avenue, 13th Street, and Drexel Avenue in Miami Beach
- Site Plan Approved through March of 2029 for a 7 Story 80,602± SF Mixed Use Building with Retail, Residential, Hotel, Office and Parking
- The proposed project features 20,504± SF of Retail and Office Space and 69 Residential Units utilized for Residential and Hotel
- Large .76± Acre Mixed Use Development Site with Existing 3 Story 19,519± SF Commercial Building
- Two Blocks from World Famous South Beach and the Atlantic Ocean
Executive Summary
RECEIVER ORDERED REAL ESTATE SALE | ACCEPTING STALKING HORSE OFFERS
A Prime Development Site Approved for a 7 Story 80,602± SF Mixed Use Project and an Existing 19,519± SF 3 Story Building on a a.76± Acre Site
1234 & 1260 Washington Avenue, Miami Beach, Florida 33169
Fisher Auction Company is pleased to present a Prime Development Site Approved for a 7 Story 80,602± Square Foot Mixed Use Project and Existing 19,519± Square Foot 3 Story Historic Building on .76± Acres in the heart of Miami Beach, Florida.
Prime City Block Location fronting Washington Avenue, 13th Street, and Drexel Avenue in Miami Beach. Large .76± Acre Mixed Use Development Site with Existing 3 Story 19,519± SF Commercial Building. Site Plan Approved through March of 2029 (HPB approvals through 4/1/29 and PB approvals through 3/17/29) for a 7 Story 80,602± SF Mixed Use Building including Retail, Residential, Hotel, Office and Parking (Please See “2029 Extension Correspondence” in Data Room). Renovation Approvals for the 19,519± SF Historic Building at 1234 Washington Avenue. Potential Historic Designation Incentives for 1234 Building. Short Distance to City Transportation, Lummus Park, High End Retail, Fine Dining, and South Beach Nightlife. Within Minutes to Major Recreation/Entertainment Venues and Miami International Airport. Perfect Investment Opportunity with escalating local Rental Rates and Sales. Two Blocks from World Famous South Beach and the Atlantic Ocean. The proposed project features 20,504± SF of Retail and Office Space and 69 Residential Units utilized for Residential and Hotel
Address: 1234 & 1260 Washington Avenue, Miami Beach, Florida 33139. Location: Block Property fronting Washington Avenue, 13th Street and Drexel Avenue. Directions: From Alton Road go East on 11th Street to Washington Avenue. Turn left and proceed to Address. Public Parking is available on Washington and Drexel Avenues. Access: From Pennsylvania and Drexel Avenues. 1234 Building: Total of 19,519± Square Feet in Three Story Concrete Building Approved for Ren-ovation. Built in 1961 with Historic Designation. Land Area: Total of .76± Acres / 33,525± SF . Frontage: 228± Feet along Washington Avenue, 168± Feet along 13th Street, 225± Feet along Drexel Avenue. Zoning: CD-2, Commercial Medium Density (See Zoning Section for Permitted Used and Building Requirements in Data Room) . Taxes: 2023 Total - $283,468.61 . Parcel ID Nos.: 0242030090050, 0242030090040 . Flood Zone: Zone AE per Miami-Dade Flood Zone Map. Utilities: Municipal Water and Sewer. Historical Designation: “Contributing” Structure to the Flamingo Park Historic District and Miami Beach Architectural District. Property Approvals: Site Plan Approved for a 7 Story 80,602± SF Mixed Use Building including Retail, Residential, Office and Hotel Uses and Renovation Approvals for the 19,519± SF Historic Building at 1234 Washington Avenue
A Prime Development Site Approved for a 7 Story 80,602± SF Mixed Use Project and an Existing 19,519± SF 3 Story Building on a a.76± Acre Site
1234 & 1260 Washington Avenue, Miami Beach, Florida 33169
Fisher Auction Company is pleased to present a Prime Development Site Approved for a 7 Story 80,602± Square Foot Mixed Use Project and Existing 19,519± Square Foot 3 Story Historic Building on .76± Acres in the heart of Miami Beach, Florida.
Prime City Block Location fronting Washington Avenue, 13th Street, and Drexel Avenue in Miami Beach. Large .76± Acre Mixed Use Development Site with Existing 3 Story 19,519± SF Commercial Building. Site Plan Approved through March of 2029 (HPB approvals through 4/1/29 and PB approvals through 3/17/29) for a 7 Story 80,602± SF Mixed Use Building including Retail, Residential, Hotel, Office and Parking (Please See “2029 Extension Correspondence” in Data Room). Renovation Approvals for the 19,519± SF Historic Building at 1234 Washington Avenue. Potential Historic Designation Incentives for 1234 Building. Short Distance to City Transportation, Lummus Park, High End Retail, Fine Dining, and South Beach Nightlife. Within Minutes to Major Recreation/Entertainment Venues and Miami International Airport. Perfect Investment Opportunity with escalating local Rental Rates and Sales. Two Blocks from World Famous South Beach and the Atlantic Ocean. The proposed project features 20,504± SF of Retail and Office Space and 69 Residential Units utilized for Residential and Hotel
Address: 1234 & 1260 Washington Avenue, Miami Beach, Florida 33139. Location: Block Property fronting Washington Avenue, 13th Street and Drexel Avenue. Directions: From Alton Road go East on 11th Street to Washington Avenue. Turn left and proceed to Address. Public Parking is available on Washington and Drexel Avenues. Access: From Pennsylvania and Drexel Avenues. 1234 Building: Total of 19,519± Square Feet in Three Story Concrete Building Approved for Ren-ovation. Built in 1961 with Historic Designation. Land Area: Total of .76± Acres / 33,525± SF . Frontage: 228± Feet along Washington Avenue, 168± Feet along 13th Street, 225± Feet along Drexel Avenue. Zoning: CD-2, Commercial Medium Density (See Zoning Section for Permitted Used and Building Requirements in Data Room) . Taxes: 2023 Total - $283,468.61 . Parcel ID Nos.: 0242030090050, 0242030090040 . Flood Zone: Zone AE per Miami-Dade Flood Zone Map. Utilities: Municipal Water and Sewer. Historical Designation: “Contributing” Structure to the Flamingo Park Historic District and Miami Beach Architectural District. Property Approvals: Site Plan Approved for a 7 Story 80,602± SF Mixed Use Building including Retail, Residential, Office and Hotel Uses and Renovation Approvals for the 19,519± SF Historic Building at 1234 Washington Avenue
Property Facts Under Contract
| Sale Type | Investment | Building Size | 80,602 SF |
| Sale Conditions | Development Sale | No. Rooms | 69 |
| Property Type | Hospitality | Number of Floors | 7 |
| Property Subtype | Hotel | Year Built | 2025 |
| Building Class | B | Parking Ratio | 0.2/1,000 SF |
| Lot Size | 0.76 AC | Corridor | Interior |
| Construction Status | Under Construction |
| Sale Type | Investment |
| Sale Conditions | Development Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.76 AC |
| Construction Status | Under Construction |
| Building Size | 80,602 SF |
| No. Rooms | 69 |
| Number of Floors | 7 |
| Year Built | 2025 |
| Parking Ratio | 0.2/1,000 SF |
| Corridor | Interior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 69 | £151.29 | - |
Walk Score ®
Walker's Paradise (98)
Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,324,962 | |
| Land Assessment | £10,621,782 | Total Assessment | £11,946,745 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£10,621,782
Improvements Assessment
£1,324,962
Total Assessment
£11,946,745
zoning
| Zoning Code | CD-2 (Commercial Business District Medium Density) |
| CD-2 (Commercial Business District Medium Density) |
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URBIN Retreat Miami Beach | 1260 Washington Ave
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