Commercial Real Estate

CommercialSaleRetailFLMiami BeachCU-1-2-3-4, 764, Washington Ave, Miami Beach, FL, 33139

764 Washington Ave CU-1-2-3-4

CU-1-2-3-4, 764, Washington Ave, Miami Beach, FL, 33139
    $2,800,000
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    Basics

    • Category:
    • Type:
    • Status:
    • Bathrooms: 0
    • Floors: 1
    • Lot size: 12000, 12000 sq ft
    • County: Miami-Dade
    • MLS ID: A12020955

    Description

    • Description:

      ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692 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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    Location

    • Directions: Located on Washington Avenue.
    • Lot Size Acres: 0.28 acres

    Building Details

    • Building Name: Royal South Beach Condo-Hotel
    • Structure Type: Retail
    • Architectural Style: Detached
    • Sewer: PublicSewer
    • Construction Materials: Brick,Block
    • Covered Spaces: 0
    • Levels: One
    • Number Of Buildings: 1

    Amenities & Features

    • Parking Features: OnStreet

    Expenses, Fees & Taxes

    • Tax Annual Amount: $20,650

    Miscellaneous

    • Association Fee Frequency: Monthly
    • List Office Name: Best of Luxury Realty Corp.
    • Listing Terms: Cash,Conventional,OwnerMayCarry,Other

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    This -type commercial real estate is located in CU-1-2-3-4, 764, Washington Ave, Miami Beach, FL, 33139 was built in , and is listed at $2,800,000.

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