Property
| Ownership: | Corporation |
|---|---|
| Type: | Commercial |
| Lot Size: | 0.28 Acres |
Financials
Price:$3,900,000
Annual Taxes:$20,650
Listing Courtesy of Best of Luxury Realty Corp.
Great opportunity to acquire 4 ground level commercial retail spaces totaling over 7, 800 sq.
- 1
- 2
- 3
- 4
- Condo-Hotel Entrance
- 6
- 7
- Vintage Image of Royal South Beach
- Condo-Hotel Lobby
- Condo-Hotel Lobby
- Condo-Hotel Welcome Desk (24/7 Concierge)
- 12
- Open Terrace Above Commercial Spaces, Facing Washington Ave
- Open Terrace Above Commercial Spaces, Facing Washington Ave
- Corner of Building
- Corner Rental Bicycle Rack. Best way to get around South Beach.
Description
Great opportunity to acquire 4 ground-level commercial/retail spaces totaling over 7,800 sq. ft. with a yearly NET Revenue of $216,000, operating as a grocery store and a restaurant/bar. Situated along Washington Ave, in a corner lot that is just steps to the beach and Lincoln Road. The hotel units located above these retail spaces also for sale under separate listing (33 out of 42 units, fully equipped studios with no rental restrictions). Acquire both listings and become the majority-owner of the building. Ideal opportunity for hotel operators, developers or to enhance a short-term rental portfolio. Review listing attachments, and please DO NOT disturb the businesses onsite.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11830965
Amenities
- LessThanOneAcre
- Other
Neighborhood
More listings:
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.
