Retail in 764 Washington Avenue CU-1-2-3-4, Miami Beach, FL 33139 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. 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.
764 Washington Avenue CU-1-2-3-4, Miami Beach, FL 33139
- Price:
- $1,950,000.00
- Original List Price:
- $2,950,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $243.75
- Listing Type:
- For Sale
- Status:
- Active
- Business Type:
- Restaurant, Retail
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 5, 2026 4:44 pm
- Built-Up Area:
- 8,000 Sqft
- Lot Size Acres:
- 0.28
- Building:
- Free Standing, Loading Space(s)
- Number of Buildings:
- 1
- Number of Units Total:
- 1
- Construction Materials:
- Block, Brick, CBS
- Structure Type:
- Retail, Hotel/motel
- Road Frontage Type:
- City Street, Main Thoroughfare
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $20,650.00
- Association Fee Frequency:
- Monthly
- Parking Features:
- On Street
- Sewer:
- Public Sewer
- Senior Community:
- No
- Restrictions:
- Parking - No Guest
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner Will Carry Points, Other
- 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):
- 0242032700430
- Zoning:
- 6400
- Active on the market since:
- May 18, 2026
- Listing Agreement executed on:
- May 18, 2026
- Price change occurred on:
- July 5, 2026 4:44 pm
- Listing Status Last Changed On:
- May 18, 2026 4:00 am
- Photos updated on:
- July 5, 2026 3:45 pm
- Last Modified:
- August 18, 2026 4:03 pm
- Courtesy of:
- Best of Luxury Realty Corp.
- Attribution:
- Not provided
- Street Name:
- Washington
- Street Number:
- 764
- Unit Number:
- CU-1-2-3-4
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 41.4''
- Longitude:
- W81° 51' 58.8''
- Street Suffix:
- Avenue

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