Art Deco Market & Guest Suites 1435 Washington Ave Apartment Building $8,000,000 5.44% Cap Rate Miami Beach, FL 33139

Horvath & Tremblay is pleased to present the exclusive sale of the Art Deco Market & Guest Suites (herein referred to as “the property”), an 8-unit Licensed Short Term Rental Property with ground floor retail located at 1435 Washington Avenue in the extremely rare and desirable South Beach neighborhood in Miami Beach. The property was constructed of concrete block in 1928, was renovated in 2025, and is situated on a 0.17-acre lot with street parking. The property is comprised of eight (8), 1-Bedroom/1 Bathroom units across 3,191 square feet of living area on the second floor, and a retail unit on the first floor that is fully leased to Art Deco Market with over 8 years of term remaining on the lease and attractive 2% annual rent increases. The Offering provides the unique opportunity to acquire a recently renovated, turn-key mixed-use property with multiple income streams in the heart of Miami Beach’s South Beach neighborhood. The property is ideally positioned along Washington Avenue in the heart of South Beach, just steps from world-renowned Ocean Drive and Collins Avenue, two of the area’s primary corridors known globally for their dense concentration of dining, nightlife, luxury retail, and entertainment. The property is within immediate walking distance to the Atlantic Ocean and Lummus Park, providing direct access to public beaches and Miami Beach’s iconic oceanfront. Situated in one of the most active and walkable neighborhoods in South Florida, the Property benefits from exceptional pedestrian traffic and proximity to Lincoln Road, Española Way, and a wide range of hospitality and lifestyle amenities. The location also offers convenient connectivity to major roadways including Alton Road (SR 907), MacArthur Causeway, and Julia Tuttle Causeway, linking South Beach to Downtown Miami, Brickell, and Interstate 95 for broader regional access.. The Art Deco Market & Guest Suites presents an investor the unique opportunity to acquire a well-located Licensed Short Term Rental Property with additional commercial income in one of the most highly desirable submarkets within Miami Beach. With significant redevelopment occurring in the immediate area in Miami Beach and the South Florida market overall, new ownership should be able to benefit from the area’s buoyant future both in terms of consistent rent growth and appreciation over the long term.