FL > Miami Beach > Royal South Beach Condo
Miami Beach, FL 33139,764 E Washington Ave
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Miami Beach, FL 33139,764 E Washington Ave
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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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 3,900,000
Est. payment /mo
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764 E Washington Ave Miami Beach, FL 33139

0.28 Acres Lot

UPDATED:

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 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.

Location

State FL

County Miami-dade

Community Royal South Beach Condo

Area 42

Exterior

Utilities Available Other

Present Use Other

Street Surface Paved

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Others

Tax ID 02-42-03-270-0430

Ownership Corporation

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

Listed by Best of Luxury Realty Corp.
agent

Alex Mendel

Agent

+1(561) 827-8449

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764 E Washington Ave

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