764 E Washington Ave Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33139
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Royal South Beach Condo
MLS Listing ID A11830965
Annual Tax Amount $20,650
Tax Year 2024
Lot Size 0.280 Acres
Property Sub-Type Commercial
Property Description
Great opportunity to acquire 4 ground-level commercial spaces totaling over 7,800 sq. ft. of income-producing or future re-development. Currently leased with a Yearly NET Revenue of $216,000. Operating as a grocery store and a restaurant/bar. Perfectly situated along Washington Ave, in a corner lot, just steps from Ocean Drive and Lincoln Road. I also have for sale, under a separate listing, 33 (out of 42-total) fully equipped condo-studios located above the subject commercial spaces, operated (hotel style) as short-term nightly-rentals. Bundle both listings and become majority-owner of this unique condo-hotel to pursue your dreamed future re-development. Building passed its 40-Yr recertification. Contact the listing agent to schedule a showing and DO NOT disturb the businesses onsite.
Location
State FL
County Miami-dade
Community Royal South Beach Condo
Area 42
Exterior
Utilities Available Other
Building
Sewer Public Sewer
Water Public
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11830965