764 Washington Avenue CU-1-2-3-4, Miami Beach, FL 33139
- $1,950,000
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. 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.
Address
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Address: Array
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City: Miami Beach
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State/county: Miami-Dade
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Zip/Postal Code: Array
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Area: Miami Beach
Details
Updated on August 27, 2026 at 12:56 am-
Property ID Array
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Price $1,950,000
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Land Area 0.28 Sq Ft
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Property Type Retail
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Property Status Commercial Sale
Additional details
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AssociationFeeFrequency Monthly
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Building Area Total 8000
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Building Features Loading Dock
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Business Type Restaurant, Retail
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Days On Market 100
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DistanceToFreewayNumeric 1
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Internet Automated Valuation Display YN 1
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Listing Terms Cash, Conventional, Owner Will Carry, Other
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Lot Features Central Business District, Corner Lot
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Lot Size Area 12000
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Mobile Dim Units Feet
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NumberOfBuildings 1
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NumberOfUnitsTotal 1
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Occupant Type Tenant
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Ownership Type Corporation
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Parking Features On Street
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Possession Close Of Escrow
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Property Condition Resale
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PublicSurveyTownship 2
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RoadFrontageType City Street, Main Thoroughfare
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Sewer Public Sewer
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Street Suffix Avenue
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Tax Annual Amount 20650
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VideosChangeTimestamp 2026-08-26T22:46:15.573-00:00
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Zoning 6400
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