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Investment Opportunity

Miami Investmens

764 E Washington Ave Miami Beach FL 33139 MLS #A11830965

764 E Washington Ave
Miami Beach, FL, 33139
$3,900,000
Beds
0 Bathrooms
0 SqFt
0.28 Acres
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$3,900,000
764 E Washington Ave
Miami Beach, FL, 33139
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Project 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.

Property Details

Price:
$3,900,000
MLS #:
A11830965
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial
Subdivision:
ROYAL SOUTH BEACH CONDO
Neighborhood:
royalsouthbeachcondo
Listed Date:
Jun 29, 2025
Lot Size:
12,000 sqft / 0.28 acres (approx)
Royal South Beach CondoRoyalsouthbeachcondoRoyal South Beach CondoUnimproved Business/commercial,unimproved Hotel/motel,other Usage

Schools

Interior

Exterior

Financial

Tax Year
2024
Taxes
$20,650

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
764 E Washington Ave
Miami Beach, FL