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MLS # :A12020955 |
Price :$3,950,000 |
Status :
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Listing Date :May 18, 2026 |
Square Footage :Not Available |
County :Miami-Dade County |
Square Footage :Not Available |
Year Built : |
Taxes :$20,650 Per Year |
Waterfront :No |
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Remarks :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 is operated as a grocery store, and the other spaces are combined operating a restaurant/bar under Triple-Net leases (landlord's cost is minimal). All long-term tenants willing to continue at this location. This property is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. These commercial spaces are on the ground-level for the Royal South Beach Condo-Hotel, which passed the 40-Yr recertification and the 50-Yr recertification Engineering Study was just completed. See MLS attachments. Please contact the listing agent to schedule a showing and DO NOT disturb the onsite operating businesses. |
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Call: 305-998-9922
Sunny Realty
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