764 Washington Ave #CU-1-2-3-4, Miami Beach, FL 33139
764 Washington Ave #CU-1-2-3-4, Miami Beach, FL 33139
764 Washington Ave #CU-1-2-3-4, Miami Beach, FL 33139
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Dollys Vargas

Dollys Vargas

+1(407) 353-5949
$ 1,950,000
Est. payment | /mo

8,000 SqFt

Save Virtual Tour
$ 1,950,000
Est. payment | /mo
Save Virtual Tour

8,000 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $243

MLS Listing ID A12020955

Style Detached

HOA Y/N No

Annual Tax Amount $20,650

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 110

Property Sub-Type Retail

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.

Location

State FL

County Miami-dade

Area 42

Direction Located on Washington Avenue.

Exterior

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Architectural Style Detached

Level or Stories One

Structure Type Brick,Block

Others

Tax ID 02-42-03-270-0430

Ownership Corporation

Acceptable Financing Cash, Conventional, Owner May Carry, Other

Listing Terms Cash, Conventional, Owner May Carry, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12020955

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Best of Luxury Realty Corp.

NEARBY SCHOOLS & PROPERTIES

Dollys Vargas

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(407) 353-5949

realtor@dollysvargas.com

1400 S International Pkwy, Mary, FL, 32746

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764 Washington Ave #CU-1-2-3-4