Fort Lauderdale Luxury & Waterfront Homes

Detached

764 Washington Ave 4-Folios Included

Miami Beach, FL 33139

MLS#: A12020955

$3,950,000

Status: Active
Listing number: A12020955
Listing provided by: Best of Luxury Realty Corp.
Listing agent phone: None
Last update: 5 hours ago
New on site 1 day ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

8,000

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. All spaces are currently leased with a yearly NET Income of $216,000. Currently the corner space is operated as a grocery store, and the other spaces are combined operating a restaurant/bar under Triple-Net leases (landlord's cost is minimal). All long-term tenants willing to continue at this location. This property is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. These commercial spaces are on the ground-level for the Royal South Beach Condo-Hotel, which passed the 40-Yr recertification and the 50-Yr recertification Engineering Study was just completed. See MLS attachments. Please contact the listing agent to schedule a showing and DO NOT disturb the onsite operating businesses.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.28

  • Lot Size(square feet)

    12000.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

  • Architectural Style

    Detached

Price

  • Sales Price

    $3,950,000

  • Tax Amount

    $20,650

  • Zoning

    6400

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    Yes

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Corporation

  • Sewer

    Public Sewer

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Location

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Miami-Dade

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Listing Courtesy of Dennys Gonzalez , Best of Luxury Realty Corp.

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Agent Jarrod Gaylis

Realtor

Jarrod Gaylis

Call Jarrod today to schedule a private showing.

(305) 790-0199

jgaylis@perfectpropertiesfl.com


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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. All spaces are currently leased with a yearly NET Income of $216,000. Currently the corner space is operated as a grocery store, and the other spaces are combined operating a restaurant/bar under Triple-Net leases (landlord's cost is minimal). All long-term tenants willing to continue at this location. This property is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. These commercial spaces are on the ground-level for the Royal South Beach Condo-Hotel, which passed the 40-Yr recertification and the 50-Yr recertification Engineering Study was just completed. See MLS attachments. Please contact the listing agent to schedule a showing and DO NOT disturb the onsite operating businesses.

764 Washington Ave 4-Folios Included

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