764 Washington Ave CU-1-2-3-4 Miami Beach, FL $ 2,800,000
764 Washington Ave CU-1-2-3-4
$ 2,800,000
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764 Washington Ave CU-1-2-3-4

Miami Beach, FL, 33139
$ 2,800,000
Bedrooms4 Baths-- Sq 8,000

Monthly Estimate*

$ 17,679

764 Washington Ave CU-1-2-3-4, Miami Beach, FL 33139 - Image 1
764 Washington Ave CU-1-2-3-4, Miami Beach, FL 33139 - Image 2
764 Washington Ave CU-1-2-3-4, Miami Beach, FL 33139 - Image 3
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Commercial Property for sale in Miami Beach, FL

for $2,800,000 with 4 bedrooms. This 8,000 square foot building was built on a lot size of 0.28.

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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Commercial Active

Price

$ 2,800,000

Bedrooms

4

Property Type

Commercial

Taxes

$ 20,650

Style

Lot Size

0.28

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A12020955

Features
General
Sewer Public Sewer
Possession Close Of Escrow
Architectural Style Detached
Construction Materials Brick Block
Stories Count 1
Levels One
Unit Number CU-1-2-3-4
Property Subtype Retail
Ownership Corporation
Building Name Royal South Beach Condo-Hotel
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Commercial Sale
Full Baths 0
Status Active
Directions Located on Washington Avenue.
City Miami Beach
Zoning Description 6400
Number Of Units Total 4
MLS Area 42
Lot Size Units Square Feet
Lot Size Square Feet 12000
Listing Terms Cash Conventional Owner May Carry Other
Year Built Details Resale
Tax Annual Amount 20650
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12020955
Structure Type Retail
Standard Status Active
Occupancy Type Tenant
Legal Description ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692
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Interior
Total Bedrooms 4
Total Baths 0
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Exterior
Parking Features On Street
Lot Size Area 12000
Number of Buildings 1
Building Area Total 8000
Lot Dimensions 110
Lot Size Acres 0.28
Waterfront Y/N false
Covered Spaces 0
Number of Separate Electric Meters 4
Road Frontage Type City Street Main Thoroughfare
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* Excluded Features
List By
Best Of Luxury Realty Corp.

Broker

dg@bestofluxuryrealty.com

Email

Affordability Calculator

$19,400
Per Month
91%
9%
0%
Monthly Principal & Interest
$17,679
Monthly Property Taxes
$1,721
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$2,800,000 -29.11% Price Down
5/19/2026$3,950,000 33.90% Price Up
5/18/2026$2,950,000 Listed Price

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764 Washington Ave CU-1-2-3-4, Miami Beach, FL, 33139 is a Commercial Property for sale at $2,800,000 with 8,000 sqft and a lot size of 0.28. 764 Washington Ave CU-1-2-3-4 has 4 bedroomsThe property's zip code is 33139 which is in Miami Beach, FL