764 Washington Ave ,Commercial, Royal South Beach Condo en Venta

764 Washington Ave en Venta

Precio $3,900,000.00

• Tamaño de lote 12000
• Año de construcción
• Frente al agua
• Zip 33139
• Estilo
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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.

Please do not disturb the onsite businesses. Contact the listing agent to schedule a showing. I also have for sale 33 (out of 42-total) fully equipped condo-studios, located above the commercial spaces and operated as hotel-style short-term, nightly rental. Please review all MLS Attachments.

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

Beach Area, Corner Lot, Less Than 1 Acre

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.

City:Miami Beach,Zoning:6400,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:25.7782103,List Price:3900000,Listing Id:A11830965,Longitude:-80.1335497,Mls Status:Active,Ownership:Corporation,Utilities:1:Other,Current Use:1:Unimproved Hotel/Motel,2:Other Usage,Directions:Located on Washington Avenue.,Postal Code:33139,Street Name:Washington Ave,Coordinates:1:25.7782103,Lot Features:1:Corner Lot,2:Less Than 1 Acre,Photos Count:15,Possible Use:1:Other Plan Use,2:Urban Commercial,Building Name:ROYAL SOUTH BEACH CONDO,Days On Market:66,Lot Size Acres:0.28,Lot Size Units:Square Feet,M I A M I R E_ Area:42,M L S Area Major:Royal South Beach Condo,On Market Date:2025-06-29,Other Expense:12496,Parcel Number:02-42-03-270-0430,Property Type:Commercial Land,Street Number:764,Public Remarks: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.,County Or Parish:Miami-Dade County,Frontage Length:110,List Office Name:Best of Luxury Realty Corp.,Private Remarks:Please do not disturb the onsite businesses. Contact the listing agent to schedule a showing. I also have for sale 33 (out of 42-total) fully equipped condo-studios, located above the commercial spaces and operated as hotel-style short-term, nightly rental. Please review all MLS Attachments.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:48730,Postal Code Plus4:6210,Property Sub Type:Commercial,State Or Province:FL,Street Dir Prefix:E,Subdivision Name:ROYAL SOUTH BEACH CONDO,Tax Annual Amount:20650,Unparsed Address:764 E Washington Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:City/County Maintained,2:Main Thoroughfare,Building Area Units:Square Feet,Lot Size Dimensions:110x115,Lot Size Square Feet:12000,M I A M I R E_ L P Amt Sq Ft:325,Original List Price:3900000,Public Survey Range:42,I D X Participation Y N:1,Syndication Remarks: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.,Additional Parcels Y N:1,Listing Contract Date:2025-06-29,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Call Listing Agent,No Sign,See Broker Remarks,Street Number Numeric:764,Tax Legal Description:ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692,Gross Scheduled Income:25000,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Over 7,800 sq. ft. of leased commercial spaces generating $216,000 in Yearly Net Income. Also, 33 condo-units in same building for nightly rentals.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-06-29,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Maximum Leasable Sqft:8000,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,