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About This Property
Four (4) retail-commercial spaces at ground-level, totaling over 7,800 sq. ft. with a yearly NET Revenue of $216,000, operating as a grocery store and a restaurant/bar. Located along Washington Ave in a corner-parcel steps away from Ocean Drive and Lincoln Road. This offer can be combined with the purchase of the hotel above, also for sale under separate listing that includes 33 out of 42 units fully furnished with no rental restrictions. Acquiring both listings makes you a majority-owner of the entire property inclusive of the retail spaces and the hotel rooms. This is an opportunity for an owner-operator, hotel operator, developer, or as a short-term rental portfolio enhancement. Review listing attachments. Please DO NOT disturb the businesses onsite.
Property Features
County
Miami-Dade County
Section
3
Area
Subdivision
ROYAL SOUTH BEACH CONDO
Interior
Cooling
Bedrooms
Floors
Full Baths
Appliances
Heating
Style
Garage Spaces
Construction/Exterior
Patio / Deck Description
Exterior
Has a Pool
Possession
Lot Size in Acres
0.28
Water
Municipal Water
Sewer
Public Sanitation
Lot Size in Sq. Ft.
12000
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Senior Community
No
Other Utilities
Other Utilities Available, Other
Property Type
Commercial Land
Pets
Property SubType 2
Commercial
Tax Year
2024
Year Built
Tax Amount
$20650
APN
NA
Square Feet Source
NA
Map
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