Property
| Ownership: | Corporation |
|---|---|
| Type: | Commercial |
| Lot Size: | 0.28 Acres |
Financials
Price:$3,890,000
Annual Taxes:$20,650
Listing Courtesy of Best of Luxury Realty Corp.
Four 4 retail commercial spaces at ground level, totaling over 7, 800 sq.
- 1
- 2
- Condo-Hotel Entrance
- 4
- 5
- 6
- Condo-Hotel Entrance
- Condo-Hotel Welcome Desk (24/7 Concierge)
- 9
- 10
- 11
- 12
- Vintage Image of Royal South Beach
- 14
- Vintage Image of Royal South Beach
- Condo-Hotel Lobby
- Condo-Hotel Lobby
- Condo-Hotel Lobby
- Condo-Hotel Welcome Desk (24/7 Concierge)
- Condo-Hotel Lobby
- 21
- 22
- Open Terrace Above Commercial Spaces, Facing Washington Ave
- Open Terrace Above Commercial Spaces, Facing Washington Ave
- Open Terrace Above Commercial Spaces, Facing Washington Ave
- Open Terrace Above Commercial Spaces, Facing Washington Ave
- Corner of Building
- Corner of Building
- Corner Rental Bicycle Rack. Best way to get around South Beach.
- Corner Rental Bicycle Rack. Best way to get around South Beach.
Description
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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11830965
Amenities
- LessThanOneAcre
- Other
Neighborhood
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.