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About This Home
This 0-bedroom, 0-bathroom commercial at 764 Washington Ave in Miami Beach, FL is listed for $2,800,000. on a 0.28 acres lot.
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 (Washington & 8th Street) is operated as a grocery store.
The other spaces are combined, operating a restaurant/bar. All NNN-leases, which yields no added costs to the landlord. All tenants are profitable and willing to remain onsite. Property is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road.
All spaces on 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.
Key Features
- 0.28 acre lot
Property Details
Monthly Cost Estimate
$14,975/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
764 Washington Ave
Miami Beach, FL 33139
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 764 Washington Ave is listed at $2,800,000. The estimated monthly payment is $12,133 based on 20% down at 6.5% interest.
Key features include: 0.28 acre lot.
This property is listed by Dennys Gonzalez and can be reached at 3054067165 or dg@bestofluxuryrealty.com.
