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Gelfand Realty Miami Properties for Sale - Commercial for Sale

764 E WASHINGTON AVE, MIAMI BEACH, FL 33139

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Commercial - ROYAL SOUTH BEACH CONDO for Sale

764 E WASHINGTON AVE, MIAMI BEACH, FL 33139

Asking Price$3,900,000

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  • Days on market:

    66 day(s)

  • Original Price:

    $3,900,000

  • Tax Legal Description:

    ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692

  • Tax Year:

    2024

  • Property Type:

    Commercial

  • Waterfrontage (sqft):

    110

  • Lot Features:

    Corner Lot Less Than 1 AcreBeach Area

Description

$3,900,000

Great opportunity to acquire 4 ground-level commercial/retail spaces totaling over 7,800 sq. ft. with a yearly net revenue of $216,000, operating as a grocery store and a restaurant/bar. situated along washington ave, in a corner lot that is just steps to the beach and lincoln road. the hotel units located above these retail spaces also for sale under separate listing (33 out of 42 units, fully equipped studios with no rental restrictions). acquire both listings and become the majority-owner of the building. ideal opportunity for hotel operators, developers or to enhance a short-term rental portfolio. review listing attachments, and please do not disturb the businesses onsite.

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