764 Washington AVE #CU1234, Miami Beach, FL 33139
764 Washington AVE #CU1234, Miami Beach, FL 33139
764 Washington AVE #CU1234, Miami Beach, FL 33139
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Kevin Morris

Kevin Morris

+1(954) 756-5030
$1,950,000
Est. payment /mo
8,000 SqFt
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UPDATED:

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

Construction Status Resale

HOA Y/N No

Annual Tax Amount $20,650

Lot Size 0.280 Acres

Acres 0.28

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 2420

Zoning 6400

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Parking Features On Street

Road Frontage City Street, Main Thoroughfare

Building

Lot Description Central Business District, Corner Lot

Dwelling Type Hotel/Motel,Retail

Sewer Public Sewer

Structure Type Brick,Block

New Construction No

Construction Status Resale

Others

Tax ID 0242032700430

Acceptable Financing Cash, Conventional, Owner Will Carry, Other

Listing Terms Cash, Conventional, Owner Will Carry, Other

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

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BeachesMLS, Inc. (FLR) IDX
Listed by Dennys E. Gonzalez Best of Luxury Realty Corp.

NEARBY SCHOOLS & PROPERTIES

Kevin Morris

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

+1(954) 756-5030

kevinsellshomeshere@gmail.com

934 N University Dr. Suite 226, Springs, FL 33071, United States

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764 Washington AVE #CU1234