764 Washington Avenue CU-1-2-3-4, Miami Beach, FL 33139,Miami Beach,Miami-Dade,Commercial Sale

$1,950,000

Description

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.

Address

Open on Google Maps

Address: Array
City: Miami Beach
State/county: Miami-Dade
Zip/Postal Code: Array
Area: Miami Beach

Details

Updated on August 27, 2026 at 11:55 am

Property ID Array
Price $1,950,000
Land Area 0.28 Sq Ft
Type Retail
Property Status Commercial Sale

Additional details

AssociationFeeFrequency Monthly
BuildingAreaTotal 8000
BuildingFeatures Loading Dock
BusinessType Restaurant, Retail
CLIP 4606143971
ConstructionMaterials Brick, Block
ContractStatusChangeDate 2026-05-18
CumulativeDaysOnMarket 100
CurrentPrice 1950000
DaysOnMarket 100
DaysOnMarketReplication 100
DaysOnMarketReplicationDate 2026-08-26
DaysOnMarketReplicationIncreasingYN 1
Directions Located on Washington Avenue.
DistanceToFreewayNumeric 1
DocumentsChangeTimestamp 2026-05-18T13:31:37.000-00:00
DocumentsCount 7
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 786-306-7965
ListAgentEmail dg@bestofluxuryrealty.com
ListAgentFirstName Dennys
ListAgentFullName Dennys E. Gonzalez
ListAgentKey 26785136
ListAgentKeyNumeric 26785136
ListAgentLastName Gonzalez
ListAgentMiddleName E.
ListAgentMlsId SEF3210080
ListAgentNationalAssociationId 279590726
ListAgentOfficePhone 305-407-1657
ListAgentPreferredPhone 786-306-7965
ListAgentStateLicense 3210080
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail tracey@bestofluxuryrealty.com
ListOfficeKey 5904285
ListOfficeKeyNumeric 5904285
ListOfficeMlsId SEFBLRC01
ListOfficeName Best of Luxury Realty Corp.
ListOfficePhone 305-407-1657
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-05-18
ListingKeyNumeric 1168408503
ListingTerms Cash, Conventional, Owner Will Carry, Other
LotFeatures Central Business District, Corner Lot
LotSizeArea 12000
MLSAreaMajor 2420
MajorChangeTimestamp 2026-07-05T12:44:52.000-00:00
MajorChangeType Price Change
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp 2026-08-27T05:39:59.243-00:00
NumberOfBuildings 1
NumberOfUnitsTotal 1
OccupantType Tenant
OnMarketDate 2026-05-18
OnMarketTimestamp 2026-05-18T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-08-26T18:43:02.347-00:00
OriginalEntryTimestamp 2026-05-18T13:58:09.000-00:00
OriginalListPrice 2950000
OriginatingSystemID M00000151
OriginatingSystemKey 588699205
OriginatingSystemListAgentMemberKey 1186739
OriginatingSystemListOfficeKey 1251754
OriginatingSystemModificationTimestamp 2026-08-26T18:43:02.347-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
OwnershipType Corporation
ParcelNumber 0242032700430
ParkingFeatures On Street
Permission IDX
PhotosChangeTimestamp 2026-08-27T05:39:59.190-00:00
PhotosCount 3
Possession Close Of Escrow
PostalCity Miami Beach
PostalCodePlus4 6210
PreviousListPrice 2950000
PriceChangeTimestamp 2026-07-05T12:44:52.000-00:00
PropertyCondition Resale
PropertySubTypeAdditional Retail
PublicSurveyTownship 2
RoadFrontageType City Street, Main Thoroughfare
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1168408503
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp 2026-05-18T00:00:00.000-00:00
StreetName Washington
StreetNumber 764
StreetNumberNumeric 764
StreetSuffix Avenue
StructureType Hotel/Motel, Retail
TaxAnnualAmount 20650
TaxLegalDescription ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692
UnitNumber CU-1-2-3-4
UniversalPropertyId US-12025-N-0242032700430-R-N
VideosChangeTimestamp 2026-08-27T05:39:59.190-00:00
VideosCount 0
Zoning 6400