764 Washington Ave # 4, Miami Beach FL 33139

Pending

$1,950,000

33.90%

Est. Payment $10,379/mo

MLS Sheet Video

1

Stories

116

Days on Market

Description

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.

Facts

MLS#
A12020955
Subdivision
Property Type
Commercial Sale
Property Sub Type
Retail
Year Built
Lot Size
12,197 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
1
Garage
Pool
Days on Market
116 days
Listed
May 18, 2026
Last Updated
Sep 11, 2026
Price/Lot Sq.Ft.
$160/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

64

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/11/2026Pending sale$1,950,000
7/5/2026Price change$1,950,000-33.9%
5/18/2026Listed for sale$2,950,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

764 Washington Ave # 4, Miami Beach FL 33139Directions

Estimated Monthly Payment

$12,154/mo

Principal & Interest

$10,379

Property Tax

$1,625

Insurance

$150

HOA

$0

20% ($390,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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