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$1,950,000

Royal South Beach Condo-Hotel
764 Washington Ave CU-1-2-3-4
Miami Beach, FL 33139

Retail|Sold 09/16/2026
0
Beds
0
Total Baths
8,000
SqFt
$244
/SqFt
County:
Miami-Dade
Call Now: 786-704-8135
Is this the listing for you? We can help make it yours.
786-704-8135
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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. 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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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
8,000 sqft
Lot Size 
0.28 Acres
Year Built 
N/A
MLS® Number 
A12020955
Status 
Sold
Property Tax 
$20,650
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.28
Additional Property Use 
Investment
Levels 
One
Parking 
On Street
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Total 
8000
Style 
Detached
Zoning 
6400
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Exterior Features
Construction Details 
BrickBlock
Road Frontage 
City Street
Community Features
Association Fee Frequency 
Monthly
MLS Area 
42
Financing Terms Available 
CashConventionalOwner May Carry
Listing courtesy of Best of Luxury Realty Corp.

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Neighborhood & Commute
Source: Walkscore
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