Active MLS listing · MLS #A12020955

764 Washington Avenue CU-1-2-3-4

Miami Beach, FL, 33139

1 / 11

$1,950,000

-Beds

0Baths

8000SqFt

Property type: Retail
Subdivision: -
Year built: -

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.

Listing Courtesy of: Best of Luxury Realty Corp.
tracey@bestofluxuryrealty.com

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