Trophy Class A Office Building for the 1% in South Beach Hits the Market for $45 Million


Highest per square foot rent anywhere in Florida -

Located at 119 Washington Avenue in Miami Beach’s affluent South of Fifth neighborhood, The Yukon Miami has just hit the market for $45 million. The Arquitectonica-designed office building at $78 per square foot, is one of the highest rents in all of Florida. Amit Egan Datwani of The Global Consulting Organization and Cyril Bijaoui of The Company Real Estate are representing the seller.

The 43,140-square-foot commercial office building is the only Class A office building located in the South of Fifth enclave steps away from world-class, record revenue breaking restaurants, including Joe’s Stone Crab, Estiatorio Milos, and Prime 112. Having undergone a SoHo-like metamorphosis over the past two decades, the exclusive South of Fifth neighborhood boasts some of the most luxurious residences in all of South Florida including the famed Continuum South Beach, Apogee, and Glass, all designed by renowned architects. In addition to its prime location, The Yukon Miami features more than 8,000 square feet of available rooftop terrace space with 360-degree views of the Atlantic Ocean, Miami Beach, and Downtown Miami, helping to make it a true collector’s item in commercial real estate.

“Nestled between Fisher Island (the richest zip code in the United States) and the revitalized Washington Avenue only enhances the locational appeal of the South of Fifth neighborhood,” said Amit Egan Datwani, founder and chief consultant at The Global Consulting Organization. “The Yukon Miami is the ideal opportunity for a visionary investor that understands this and has the ability to transform the property from a trophy asset to an absolute gem.”

Boasting the most substantial commercial roof and deck space in the South of Fifth neighborhood, The Yukon’s picturesque terraces can be reimagined to include additional office space or to create an elite members-only hospitality concept similar to Soho House or WS in New York City. Premier tenants include One Sotheby’s International Realty, Red Steakhouse, W5 Group (a global real estate investment platform), and several heavy-weight financial companies, including Boston-based Raptor Capital Management, Manhattan-based York Capital Management, and Sero Capital.

A private launch party to promote the building hitting the market will be held on The Yukon’s rooftop terrace next month.

About The Global Consulting Organization:

The Global Consulting Organization is a globally positioned consulting company creating and developing neighborhoods, communities and cities of the future. The brokerage, branding, marketing, and consulting firm has its offices in New York and Florida.

About The Company Real Estate:

The Company Real Estate is a multi-cultural, multi-lingual firm with the ability to assist customers from any part of the world that seek advice on any facet of the real estate industry domestically and abroad. It ensures that our domestic and foreign customers have the comfort of knowing that every aspect of their affairs is always managed as if the investment were our own. Every customer, big or small, is treated as if they are the only customer with their interests placed ahead of anything else.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.