Offering 4 commercial-retail ground-level spaces (CU-1-2-3-4). Totaling over 7,800 sq. ft. of income-producing retail-businesses in the heart of South Beach’s Hotel District. Currently leased with a yearly NET Income of $216,000. The corner space (Washington & 8th Street) is operated as a grocery store, and the other spaces are combined operating a restaurant/bar. All NNN-leases with low cost to the landlord. All tenants are stable, profitable and willing to remain onsite. Building is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. All spaces are located on the ground-level for the Royal South Beach Condo-Hotel. Property passed 40-Yr recertification. The 50-Yr recertification Engineering Study just completed (See MLS attachments). Kindly contact the listing agent to schedule a showing and DO NOT disturb the onsite businesses.
- Architectural Style
- Parking Features
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33139
- Street:
- 764 E Washington Ave 4-folios Included, Miami Beac
- Longitude:
- W81° 51' 52.9''
- Latitude:
- N25° 47' 34.5''
- Association Fee Frequency:
- Monthly
- Building Area:
- 8,000 Sqft
- Construction Materials:
- Block, Brick
- Cumulative DOM:
- 100
- DOM:
- 100
- Directions:
- Located on Washington Avenue.
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- LotSize Dimensions:
- 110
- Parcel Number:
- 02-42-03-270-0430
- Structure Type:
- Retail
- Tax Annual Amount:
- $20,650
- Virtual Tour:
- Click Here
Commercial Sale For Sale
764 E Washington Ave 4-folios Included, Miami Beac, Miami Beach, Florida 33139
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,950,000
- Lot Area :
- 12,000 Sqft
- MLS # :
- A12020955
