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764 Washington Ave, Miami Beach FL 33139

Commercial For Sale
$2,800,000

BTC: 43.62076666

ETH: 1,588.25598149

-$150K (2026/05/29)
35 days
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
Off Site
Year Built:
No Data
Lot:
0.28 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,800,000
$1.2M – $9.6M
Confidence Low
List vs. estimate
At estimate
List $2,800,000 · +0.0%
List is in line with recent comparable activity.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $346K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$20,650
All facts and features
  • Parking

    • Off Site

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 02-42-03-270-0430

    • Zoning: 6400

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $20,650

  • Source details

    • MLS ID: A12020955

    Other facts

    • Lot Features: Central Business District / Corner Lot

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Best of Luxury Realty Corp.