Basic Information

  • MLS # A11830965
  • Type Commercial
  • Status Active
  • Subdivision/Complex Royal South Beach Condo
  • Total Sqft 12,000
  • Date Listed 06/29/2025
  • Days on Market 18
Description

Great opportunity to acquire 4 ground-level commercial spaces totaling over 7,800 sq. ft. of income-producing or future re-development. Currently leased with a Yearly NET Revenue of $216,000. Operating as a grocery store and a restaurant/bar. Perfectly situated along Washington Ave, in a corner lot, just steps from Ocean Drive and Lincoln Road. I also have for sale, under a separate listing, 33 (out of 42-total) fully equipped condo-studios located above the subject commercial spaces, operated (hotel style) as short-term nightly-rentals. Bundle both listings and become majority-owner of this unique condo-hotel to pursue your dreamed future re-development. Building passed its 40-Yr recertification. Contact the listing agent to schedule a showing and DO NOT disturb the businesses onsite.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Commercial

Interior Features

  • Adjusted Sqft 12,000Sq.Ft
  • Sqft 12,000 Sq.Ft

Property Features

  • Address 764 E Washington Ave
  • Aprox. Lot Size 12,000
  • City Miami Beach
  • County Miami- Dade
  • Furnished Info no
  • Possession Close Of Escrow
  • Postal City Miami Beach
  • Public Survey Township 2
  • Sewer Description Public Sewer
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Royal South Beach Condo
  • Tax Amount $20,650
  • Tax Legal desc R O Y A L S O U T H B E A C H C O N D O U N I T C U-1 U N D I V3454/20383 I N T I N C O M M O N E L E M E N T S O F F R E C21561-4692
  • Tax Year 2024
  • Type of Property Commercial
  • Water Source Public

764 E Washington Ave

Miami Beach, FL 33139

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Best of Luxury Realty Corp.. tel: 305-407-1657

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