FL > Miami Beach > Royal South Beach Condo
Miami Beach, FL 33139,764 E Washington Ave
Miami Beach, FL 33139,764 E Washington Ave
Miami Beach, FL 33139,764 E Washington Ave
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Monica Cataluña, CCIM

Monica Cataluña, CCIM

+1(954) 812-1831
$3,900,000
Est. payment /mo
0.28 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Royal South Beach Condo

MLS Listing ID A11830965

HOA Y/N No

Annual Tax Amount $20,650

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 110x115

Property Sub-Type Commercial

Property Description

Great opportunity to acquire 4 ground-level commercial/retail spaces totaling over 7,800 sq. ft. with a yearly NET Revenue of $216,000, operating as a grocery store and a restaurant/bar. Situated along Washington Ave, in a corner lot that is just steps to the beach and Lincoln Road. The hotel units located above these retail spaces also for sale under separate listing (33 out of 42 units, fully equipped studios with no rental restrictions). Acquire both listings and become the majority-owner of the building. Ideal opportunity for hotel operators, developers or to enhance a short-term rental portfolio. Review listing attachments, and please DO NOT disturb the businesses onsite.

Location

State FL

County Miami-dade

Community Royal South Beach Condo

Area 42

Direction Located on Washington Avenue.

Exterior

Utilities Available Other

Present Use Other

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Tax ID 02-42-03-270-0430

Ownership Corporation

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11830965

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Best of Luxury Realty Corp.
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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764 E Washington Ave