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764 Washington Ave # 4, Miami Beach FL 33139

Commercial For Sale
$2,800,000

BTC: 46.35761589

ETH: 1,755.82715136

-$150K (2026/05/29)
44 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. 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.

Location

Details

Type:
Commercial Sale
Parking:
Loading Spaces / No Guest Parking / On Street
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
$2,500,000
$920K – $4.6M
Confidence Low
List vs. estimate
$300K above estimate
List $2,800,000 · +12.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $292K
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

    • Loading Spaces

    • No Guest Parking

    • On Street

    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

    • Construction Materials: Concrete Block Construction / Brick / CBS Construction

    • 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.