1441 Washington Ave
Miami Beach
Address
1441 Washington Ave.
Miami Beach, FL
Location
Washington Ave & Espanola Way Corner
About this property
1441 Washington Avenue is a historic building known as the McCory building among the Art Deco crowd in Miami Beach. You can learn more about the history of McCrory's by clicking here.
Gideon purchased the building from long time ownership in the summer of 2013. This was a first sale in over 30 years. The property was marketed to a limited number of buyers. Gideon was chosen by the seller and closed on schedule after a short due diligence period. Gideon's partners saw Washington Avenue as the next corridor due to experience the influx of international tourists and global market investment dollars. Gideon Asset Management is working with The City of Miami Beach and a Blue Ribbon Panel of Washington Avenue landlords, in order to redevelop the Washington Avenue corridor into a powerhouse of retail, multi-family and hospitality.