Ground-Level Retail
For Sale
$1,950,000
764 Washington Ave, Miami Beach, FL 33139
COMMERCIAL - Other - Miami Beach, FL
Property SizeContact for details
Lot Size0.28 Acres
Days on Market53
Property Features for 764 Washington Ave
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
6400
Parking features
On Street
Directions
Located on Washington Avenue.
Subdivision
42
Standard status
Active
APN
02-42-03-270-0430
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692
Tax Annual Amount
20650
Legal Description
ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692
Utilities
Sewer type
Public Sewer
Building Details
Floors in Building
1
Number of units
4
Building materials
Brick, Block
Architectural style
Other
Listing Agency:
Best of Luxury Realty Corp.
(305) 407-1657
Listed By:
Dennys Gonzalez · License #3210080
(786) 306-7965
Added: Jul 5
Changed: Aug 19
Last Checked: Aug 26 at 12:06PM
MLS# A12020955
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail offering includes four street-level commercial suites identified as CU-1, CU-2, CU-3, and CU-4 within the Royal South Beach Condo-Hotel. The corner suite at Washington Avenue and 8th Street operates as a grocery store, while the remaining spaces function together as a restaurant and bar. The suites are leased under NNN structures, and the property has completed its 40-year recertification. A 50-year recertification engineering study has also been completed.
The property occupies a visible corner along Washington Avenue in South Beach’s Hotel District, with proximity to Ocean Drive and Lincoln Road. The building is constructed with brick and block materials, and available parking is on street. Public sewer serves the property.
The property occupies a visible corner along Washington Avenue in South Beach’s Hotel District, with proximity to Ocean Drive and Lincoln Road. The building is constructed with brick and block materials, and available parking is on street. Public sewer serves the property.
Key Highlights
- Four ground‑level commercial spaces: CU‑1, CU‑2, CU‑3, and CU‑4
- Corner suite at Washington Avenue and 8th Street operates as a grocery store
- Three remaining spaces operate together as a restaurant and bar
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,318
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Four leased commercial suites support grocery and restaurant-bar operations under NNN lease structures.
Where is this retail space located?
The property is located at 764 Washington Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Four ground‑level commercial spaces: CU‑1, CU‑2, CU‑3, and CU‑4; Corner suite at Washington Avenue and 8th Street operates as a grocery store; Three remaining spaces operate together as a restaurant and bar
