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.
- Architectural Style
- 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
- 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 :
- $3,950,000
- Lot Area :
- 12,000 Sqft
- MLS # :
- A12020955
- Property Sub Type :
- Retail
