Contacts
Property Details
- Property Type Other
- Property Size 14,188 SF
- Lot Size 6,500 SF
- Year Built 1937
- Date Updated Apr 23, 2025
861 Washington Avenue is a prime investment opportunity just two blocks from Ocean Drive and Miami Beach’s iconic shoreline. Built in 1937, this 14,188-square-foot property on a 6,500-square-foot lot operates as a 28-room hostel with en-suite bathrooms and includes four fully leased retail spaces—Pizza Rustica, Sobe Tattoo, Aladdin’s Smoke Shop, and Wireless Miami Group— under NNN leases, ensuring stable cash flow.
The mixed use property is located on a high-profile corner at Washington Avenue and 9th Street - featuring two stories and a basement. The property benefits from over 15,400 cars passing daily – providing exceptional visibility. Featuring Art Deco charm, 861 Washington Drive provides unparalleled access to world-class dining, shopping, and entertainment.
Its prime location offers a blend of strong income potential, exceptional exposure, and exciting opportunities for future redevelopment.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Miami Beach, FL
- Neighborhood Ocean Beach
- Zip Code 33139
- Market Miami
Points of Interest
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Brickell City Centre
3.80 miles
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MiamiCentral
3.92 miles
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Miami Airport
7.90 miles
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Miami Intermodal Center
7.97 miles
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Hialeah Market
8.15 miles
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MIA Station
9.05 miles
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Miami
9.18 miles
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Gates E2-E11
9.21 miles
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Gates E20-E35
9.46 miles
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4
9.49 miles
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Shell
0.41 miles
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Marathon
0.45 miles
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Chevron
0.74 miles
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Texaco
1.18 miles
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BP
4.05 miles
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Tesla Supercharger
4.50 miles
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ChargePoint Charging Station
4.70 miles
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ChargePoint
7.77 miles
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Blink
8.95 miles
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7th Street Parking Garage (G1)
0.20 miles
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13th Street Garage
0.35 miles
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Miami Beach Parking Lot (P9)
0.38 miles
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The Shoppes at West Avenue
0.56 miles
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Miami Beach Parking Lot (P10)
0.61 miles
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16th and Collins
0.67 miles
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Public Parking
0.70 miles
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Pennsylvania Avenue Garage
0.85 miles
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17th Street Parking Garage (G5)
0.87 miles
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Lot P1
0.89 miles
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Miami Beach International Travellers Hostel
0.00 miles
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Jetset Franklin
0.03 miles
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Moxy Miami South Beach
0.03 miles
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Jurny suites Miami Beach
0.03 miles
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Hotel Shelley
0.03 miles
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Stardust Hotel
0.04 miles
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Clinton Hotel South Beach
0.04 miles
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Princess Ann Hotel
0.05 miles
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Loft Hostel
0.05 miles
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Posh South Beach Hostel
0.06 miles
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Ocean 11 Market
0.20 miles
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Meridian Food Market & Cafe
0.34 miles
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Alton Food Plaza Grocery
0.49 miles
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Target
0.50 miles
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Publix
0.53 miles
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Whole Foods Market
0.54 miles
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Ross
0.54 miles
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TJ Maxx
0.57 miles
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M.B supermarket
0.59 miles
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Anchor Shops & Parking
0.68 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.