764 Washington Ave Unit #CU-1-2-3-4, Miami Beach, FL 33139
- $1,950,000
- List Price
- $1,950,000
- Price Change
- ▼ $850,000 1783284704
- MLS#
- A12020955
- Lot Size
- 12,000
- Subtype
- Retail
- County
- Miami-Dade
- Community
- Not Found
Property Description
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. Currently leased with a yearly NET Income of $216,000. The corner space (Washington & 8th Street) is operated as a grocery store, and the other spaces are combined operating a restaurant/bar. All NNN-leases with low cost to the landlord. All tenants are stable, profitable and willing to remain onsite. Building is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. All spaces are located on the 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.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 4
- Boat Service
- Building & Land, Leases, Leases
- Construction
- Concrete Block Construction, Brick, CBS Construction
- Lot Description
- Central Business District, Corner Lot
- Parking
- Loading Spaces, No Guest Parking, On Street
- Taxes
- $20,650
- Unit Number
- CU-1-2-3-4
- Total Floors
- 1
- Stories
- 1
- Acres
- 0.28
- Boat Services
- Building & Land, Leases, Leases
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Listing Courtesy Of Best of Luxury Realty Corp., Contact: