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
Price:
$3,890,000
MLS #:
A11830965
Status:
Active
Beds:
0
Baths:
0
Address:
764 Washington Ave
Type:
Single Family
Subtype:
Commercial
Subdivision:
ROYAL SOUTH BEACH CONDO
Neighborhood:
royalsouthbeachcondo
City:
Miami Beach
Listed Date:
Jun 29, 2025
State:
FL
ZIP:
33139
Lot Size:
12,000 sqft / 0.28 acres (approx)
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$20,650
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764 Washington Ave
Miami Beach, FL
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