Miami Beach, FL 33139

Property

Ownership: Corporation
Type: Commercial
Lot Size: 0.28 Acres

Financials

Price:$3,890,000
Annual Taxes:$20,650
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Best of Luxury Realty Corp.

Four 4 retail commercial spaces at ground level, totaling over 7, 800 sq.

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.

Amenities

  • LessThanOneAcre
  • Other

Neighborhood

More listings:

Long Island MLS

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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.