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$ 3,890,000
Est. payment /mo
Price Dropped by $10K
764 Washington Ave Miami Beach, FL 33139
0.28 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Royal South Beach Condo
MLS Listing ID A11830965
HOA Y/N No
Annual Tax Amount $20,650
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 110x115
Property Sub-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.
Location
State FL
County Miami-dade
Community Royal South Beach Condo
Area 42
Direction Located on Washington Avenue.
Exterior
Utilities Available Other
Present Use Other
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 02-42-03-270-0430
Ownership Corporation
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11830965
Listed by Best of Luxury Realty Corp.
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