Retail in 764 Washington Ave 4-Folios Included Miami Beach for sale with MLS# A12020955
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. All spaces are currently leased with a yearly NET Income of $216,000. Currently the corner space (Washington & 8th Street) is operated as a grocery store. The other spaces are combined, operating a restaurant/bar. All NNN-leases, which yields no added costs to the landlord. All tenants are profitable and willing to remain onsite. Property is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. All spaces on 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.
764 Washington Ave 4-Folios Included, Miami Beach, FL 33139
- Price:
- $2,800,000.00
- Previous Asking Price:
- $3,950,000.00
- Original List Price:
- $2,950,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- MLS Number:
- A12020955
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- May 29, 2026 7:29 am
- Built-Up Area:
- 8,000 Sqft
- Lot Area:
- 12,000 Sqft
- Lot Size Dimensions and Info:
- 110
- Lot Size Unit:
- Square Feet
- Lot Size Acres:
- 0.28
- Waterfront:
- No
- Year Built Details:
- Resale
- Number of Buildings:
- 1
- Number of Units Total:
- 4
- Architectural Style:
- Detached
- Levels:
- One
- Structure Type:
- Retail
- Stories:
- 1
- Road Frontage Type:
- City Street, Main Thoroughfare
- Tax Annual Amount:
- $20,650.00
- Association Fee Frequency:
- Monthly
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Building Name:
- Royal South Beach Condo-Hotel
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note), Other
- Occupant Type:
- Tenant
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692
- Real Estate Folio Number (Parcel Number):
- 02-42-03-270-0430
- Zoning Description:
- 6400
- Title to the property is held by owner as:
- Corporation
- Originally published on:
- May 18, 2026 12:58 pm
- Active on the market since:
- May 18, 2026
- Price change occurred on:
- May 29, 2026 7:29 am
- Listing Status Last Changed On:
- May 18, 2026 12:58 pm
- Photos updated on:
- May 19, 2026 9:22 am
- Last Modified:
- May 29, 2026 11:30 am
- Property Description:
- 4 Com Spcs Under Condo Hotel
- Flood Zone:
- AE
- Municipal Code:
- 2
- Subdivision Number:
- 270
- Courtesy of:
- Best of Luxury Realty Corp.
- Attribution:
- Not provided
- Street Name:
- Washington Ave
- Street Number:
- 764
- Unit Number:
- 4-Folios Included
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 3.3''
- Longitude:
- W81° 51' 51.1''
- Street Direction Prefix:
- E
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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