New Listing - 05/18/2026 Price Reduced 29.11%
Price History
$2,950,000
5/18/2026
$3,950,000
5/19/2026
$2,800,000
5/29/2026
764 Washington Ave, #4-Folios Included, Miami Beach, FL, 33139
Detached
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. All spaces are currently leased with a yearly NET Income of $216,000. Currently the corner space (Washington & 8th Street) is operated as a grocery store. The other spaces are combined, operating a restaurant/bar. All NNN-leases, which yields no added costs to the landlord. All tenants are profitable and willing to remain onsite. Property is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. All spaces on 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.
Status:
Active
Type:
Commercial
Units:
4
Zoning:
6400
Acreage:
0.28
Est. Taxes:
$20,650
Days on Market:
11
MLS #:
A12020955
Community Info
School Info
Walk Score
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Listing courtesy of Best of Luxury Realty Corp. 305-407-1657