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.

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764 Washington Avenue CU-1-2-3-4, Miami Beach, FL 33139

Price
Price:
$1,950,000.00
Original List Price:
$2,950,000.00
List Price per Sq Ft (Calculated, Approx.):
$243.75
Property Status and Type
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
Measures
Built-Up Area:
8,000 Sqft
Lot Size Acres:
0.28
Property Features
Building:
Free Standing, Loading Space(s)
Construction
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
Taxes and Expenses
Tax Annual Amount:
$20,650.00
Association Fee Frequency:
Monthly
Parking
Parking Features:
On Street
Utilities
Sewer:
Public Sewer
Community
Senior Community:
No
Restrictions:
Parking - No Guest
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Owner Will Carry Points, Other
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Listing History
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
Additional Information
Courtesy of:
Best of Luxury Realty Corp.
Attribution:
Not provided
Location
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
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 764 Washington Avenue CU-1-2-3-4, Miami Beach, FL 33139
Association of REALTORS®
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