Property Description

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. All spaces are currently leased with a yearly NET Income of $216,000. Currently the corner space is operated as a grocery store, and the other spaces are combined operating a restaurant/bar under Triple-Net leases (landlord’s cost is minimal). All long-term tenants willing to continue at this location. This property is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. These commercial spaces are on the ground-level for the Royal South Beach Condo-Hotel, which passed the 40-Yr recertification and the 50-Yr recertification Engineering Study was just completed. See MLS attachments. Please contact the listing agent to schedule a showing and DO NOT disturb the onsite operating businesses.

Features
Architectural Style
Sewer
Address Map
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''
MLS Addon
Association Fee Frequency:
Monthly
Building Area:
8,000 Sqft
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

12,000 Sqft
$3,950,000
MLS # #A12020955
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$3,950,000
Lot Area :
12,000 Sqft
MLS # :
A12020955
Property Sub Type :
Retail
Agent info
Contact Agent