South Beach Retail Investment
764 Washington Ave #4-Folios Included, Miami Beach, FL 33139
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Income-producing retail spaces in the heart of South Beach.
Type:Retail, Office, Hospitality
Property size:
8,000 SFPrice / SF:
$493/SF- Added:
- May 18, 2026
- Days on Market:
- 15
- Last Refresh:
- May 20 at 5:00 am
Property Features for 764 Washington Ave #4-Folios Included
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Retail, Office, Hospitality
Listing agent Dennys Gonzalez License #3210080
Listing office Best Of Luxury Realty Corp (305) 406-7165
Listing date May 18, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Best Of Luxury Realty Corp
HighLights
- Prime South Beach location in the Hotel District, steps from Ocean Drive and Lincoln Road
- Income‑producing property with a yearly NET income of $216,000
- Four ground‑level commercial‑retail spaces totaling over 7,800 sq. ft.
- All spaces currently leased to long‑term tenants under Triple‑Net leases
- Highly visible corner‑lot location on Washington Ave
- Located on the ground‑level of the Royal South Beach Condo‑Hotel, which passed the 40‑Yr recertification and the 50‑Yr recertification Engineering Study was just completed
Overview
Four commercial-retail ground-level spaces, identified as CU-1-2-3-4, offer a combined area of over 7,800 square feet. Located in the heart of South Beach's Hotel District, these spaces are currently leased to income-producing retail businesses. The property generates a yearly net income of $216,000. The corner space is occupied by a grocery store, while the other spaces are combined and operated as a restaurant and bar. All tenants are under Triple-Net leases, resulting in minimal costs for the landlord. The tenants are long-term and willing to continue their leases at this location. Situated on a highly visible corner lot along Washington Avenue, the property is steps away from Ocean Drive and Lincoln Road. These commercial spaces are located on the ground level of the Royal South Beach Condo-Hotel, which has passed the 40-year recertification. The 50-year recertification Engineering Study has also been completed.
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar Places Nearby
- Underground Donut Tour - Miami — 729 5th St, Miami Beach, FL 33139
- Calle 6 Food Market — 630 6th St, Miami Beach, FL 33139
- Target Grocery — 1045 5th St Unit 201, Miami Beach, FL 33139
- Mr. Grocery — 910 West Ave #432, Miami Beach, FL 33139
- Meridian Market and Cafe — 812 6th St, Miami Beach, FL 33139
Map
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1359
- Latitude
- 25.784
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Income-producing retail spaces in the heart of South Beach.
Where is this grocery and convenience store located?
The property is located at 764 Washington Ave #4-Folios Included Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Prime South Beach location in the Hotel District, steps from Ocean Drive and Lincoln Road; Income‑producing property with a yearly NET income of $216,000; Four ground‑level commercial‑retail spaces totaling over 7,800 sq. ft.
