764 Washington Ave ,Commercial, Royal South Beach Condo en Venta

764 Washington Ave en Venta

Precio $3,900,000.00

• Tamaño de lote 12000
• Año de construcción
• Frente al agua
• Zip 33139
• Estilo
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

Great opportunity to acquire 4 ground-level commercial spaces totaling over 7,800 sq. ft. of income-producing or future re-development. Currently leased with a Yearly NET Revenue of $216,000. Operating as a grocery store and a restaurant/bar. Perfectly situated along Washington Ave, in a corner lot, just steps from Ocean Drive and Lincoln Road. I also have for sale, under a separate listing, 33 (out of 42-total) fully equipped condo-studios located above the subject commercial spaces, operated (hotel style) as short-term nightly-rentals. Bundle both listings and become majority-owner of this unique condo-hotel to pursue your dreamed future re-development. Building passed its 40-Yr recertification. Contact the listing agent to schedule a showing and DO NOT disturb the businesses onsite.

Please do not disturb the onsite businesses. Contact the listing agent to schedule a showing. I also have for sale 33 (out of 42-total) fully equipped condo-studios, located above the commercial spaces and operated as hotel-style short-term, nightly rental. Please review all MLS Attachments.

ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692

Beach Area, Central Business District, Corner Lot, 1-2.5 Acres

Great opportunity to acquire 4 ground-level commercial spaces totaling over 7,800 sq. ft. of income-producing or future re-development. Currently leased with a Yearly NET Revenue of $216,000. Operating as a grocery store and a restaurant/bar. Perfectly situated along Washington Ave, in a corner lot, just steps from Ocean Drive and Lincoln Road. I also have for sale, under a separate listing, 33 (out of 42-total) fully equipped condo-studios located above the subject commercial spaces, operated (hotel style) as short-term nightly-rentals. Bundle both listings and become majority-owner of this unique condo-hotel to pursue your dreamed future re-development. Building passed its 40-Yr recertification. Contact the listing agent to schedule a showing and DO NOT disturb the businesses onsite.

City:Miami Beach,Zoning:6400,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:25.7782103,List Price:3900000,Listing Id:A11830965,Longitude:-80.1335497,Mls Status:Active,Ownership:Corporation,Utilities:1:Other,Current Use:1:Unimproved Hotel/Motel,2:Other Usage,Postal Code:33139,Street Name:Washington Ave,Coordinates:1:25.7782103,Lot Features:1:Central Business District,2:Corner Lot,3:1-2.5 Acres,Photos Count:16,Possible Use:1:Other Plan Use,2:Urban Commercial,Building Name:ROYAL SOUTH BEACH CONDO,Lot Size Acres:0.28,Lot Size Units:Square Feet,M I A M I R E_ Area:42,M L S Area Major:Royal South Beach Condo,On Market Date:2025-06-29,Other Expense:12496,Parcel Number:02-42-03-270-0430,Property Type:Commercial Land,Street Number:764,Public Remarks:Great opportunity to acquire 4 ground-level commercial spaces totaling over 7,800 sq. ft. of income-producing or future re-development. Currently leased with a Yearly NET Revenue of $216,000. Operating as a grocery store and a restaurant/bar. Perfectly situated along Washington Ave, in a corner lot, just steps from Ocean Drive and Lincoln Road. I also have for sale, under a separate listing, 33 (out of 42-total) fully equipped condo-studios located above the subject commercial spaces, operated (hotel style) as short-term nightly-rentals. Bundle both listings and become majority-owner of this unique condo-hotel to pursue your dreamed future re-development. Building passed its 40-Yr recertification. Contact the listing agent to schedule a showing and DO NOT disturb the businesses onsite.,County Or Parish:Miami-Dade County,Frontage Length:110,List Office Name:Best of Luxury Realty Corp.,Private Remarks:Please do not disturb the onsite businesses. Contact the listing agent to schedule a showing. I also have for sale 33 (out of 42-total) fully equipped condo-studios, located above the commercial spaces and operated as hotel-style short-term, nightly rental. Please review all MLS Attachments.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:48730,Postal Code Plus4:6210,Property Sub Type:Commercial,State Or Province:FL,Street Dir Prefix:E,Subdivision Name:ROYAL SOUTH BEACH CONDO,Tax Annual Amount:20650,Unparsed Address:764 E Washington Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:City/County Maintained,2:Main Thoroughfare,Building Area Units:Square Feet,Lot Size Dimensions:110x115,Lot Size Square Feet:12000,M I A M I R E_ L P Amt Sq Ft:325,Original List Price:3900000,Public Survey Range:42,I D X Participation Y N:1,Syndication Remarks:Great opportunity to acquire 4 ground-level commercial spaces totaling over 7,800 sq. ft. of income-producing or future re-development. Currently leased with a Yearly NET Revenue of $216,000. Operating as a grocery store and a restaurant/bar. Perfectly situated along Washington Ave, in a corner lot, just steps from Ocean Drive and Lincoln Road. I also have for sale, under a separate listing, 33 (out of 42-total) fully equipped condo-studios located above the subject commercial spaces, operated (hotel style) as short-term nightly-rentals. Bundle both listings and become majority-owner of this unique condo-hotel to pursue your dreamed future re-development. Building passed its 40-Yr recertification. Contact the listing agent to schedule a showing and DO NOT disturb the businesses onsite.,Additional Parcels Y N:1,Listing Contract Date:2025-06-29,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Call Listing Agent,No Sign,See Broker Remarks,Street Number Numeric:764,Tax Legal Description:ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692,Gross Scheduled Income:25000,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Over 7,800 sq. ft. of leased commercial spaces generating $216,000 in Yearly Net Income. Also, 33 condo-units in same building for nightly rentals.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-06-29,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Maximum Leasable Sqft:8000,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,