Florida
Miami Beach
764 E Washington Ave

$3,900,000

764 E Washington Ave, Miami Beach, FL 33139

Commercial Property
Built in ——
0.28acre lot
—— car garage
$——/sqft
Listed 28 days ago

Property Description

Great opportunity to acquire 4 ground-level commercial spaces totaling over 7,800 sq. ft. of income-producing or future re-development. Currently leased with a Yearly NET Revenue of $216,000. Operating as a grocery store and a restaurant/bar. Perfectly situated along Washington Ave, in a corner lot, just steps from Ocean Drive and Lincoln Road. I also have for sale, under a separate listing, 33 (out of 42-total) fully equipped condo-studios located above the subject commercial spaces, operated (hotel style) as short-term nightly-rentals. Bundle both listings and become majority-owner of this unique condo-hotel to pursue your dreamed future re-development. Building passed its 40-Yr recertification. Contact the listing agent to schedule a showing and DO NOT disturb the businesses onsite.

Listing Status:: Active
Date Added:: June 29, 2025 at 05:00AM
Listing Office:: Best of Luxury Realty Corp. : 305-407-1657
Listing Agent:: Dennys Gonzalez : 786-306-7965
MLS ID:: A11830965

Road/Access: Legal Access RoadCity/County MaintainedMain Thoroughfare
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

This listing courtesy of Dennys Gonzalez, Best of Luxury Realty Corp.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

South Pointe Elementary School

1050 4th St, Miami Beach, FL, 33139

Grades PK-5

0.49 miles away

Nautilus Middle School

4301 N Michigan Ave, Miami Beach, FL, 33140

Grades 6-8

2.53 miles away

Miami Beach Senior High School

2231 Prairie Ave, Miami Beach, FL, 33139

Grades 9-12

1.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.