764 Washington Ave, Miami Beach FL 33139

For sale Days on market 222

ROYAL SOUTH BEACH CONDO [ Commercial ]

$3,890,000

$10,000
Price Decreased

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Overview

0.28 acres

Property Type

Commercial

Property Description

Four (4) retail-commercial spaces at ground-level, totaling over 7,800 sq. ft. with a yearly NET Revenue of $216,000, operating as a grocery store and a restaurant/bar. Located along Washington Ave in a corner-parcel steps away from Ocean Drive and Lincoln Road. This offer can be combined with the purchase of the hotel above, also for sale under separate listing that includes 33 out of 42 units fully furnished with no rental restrictions. Acquiring both listings makes you a majority-owner of the entire property inclusive of the retail spaces and the hotel rooms. This is an opportunity for an owner-operator, hotel operator, developer, or as a short-term rental portfolio enhancement. Review listing attachments. Please DO NOT disturb the businesses onsite.

Property Details

MLS#

A11830965

Building

ROYAL SOUTH BEACH CONDO

Address

764 Washington Ave

City

Miami Beach

State/county

Zip/Postal Code

33139

Area

Royal South Beach Condo

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$20,650

Maint Fee

$--

Tax Year

2024

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