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$3,890,000

  • For Sale
  • Active
  • Commercial Land
  • 0.28 Acres
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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.

Full Property Details for 764 Washington Ave

General

  • Price: $3,890,000
  • Taxes: $20,650 (2024)
  • Status: Active
  • Type: Commercial Land
  • Source: Greater_Miami
  • MLS ID: A11830965
  • Updated: 2/6/2026
  • Added to Site: 279 day(s) ago

Location

  • Area: Royal South Beach Condo
  • County: Miami-Dade County
  • Subdivision: ROYAL SOUTH BEACH CONDO
  • Building Name: ROYAL SOUTH BEACH CONDO
  • Driving Directions: Located on Washington Avenue.

Community

  • Community Name: Royal South Beach Condo

Utilities

  • Sewer: Public Sanitation
  • Water: Municipal Water
  • Utility Description: Other Utilities Available, Other

Structural Information

  • Structure Type: Commercial
  • Detached/Attached: Detached
  • Current Bldg. Use: Unimproved Business/Commercial, Unimproved Hotel/Motel, Other Usage

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,000
  • Lot Dimensions: 110 x 115
  • Frontage Feet: 110
  • Lot Features: Beach Area, Corner Lot, Less Than 1 Acre
  • Potential Use: Central Urban, Other Plan Use, Urban Commercial
  • Zoning: 6400

Financial Considerations

  • Tax Amount: $20,650
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Corporation
  • Legal Description: ROYAL SOUTH BEACH CONDO UNIT CU-1 UNDIV 3454/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692
  • Property ID: 02-42-03-270-0430

Listed by Best of Luxury Realty Corp.

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Listing agent

— 764 Washington Ave —

  • Best of Luxury Realty Corp.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 764 Washington Ave

School District:Dade County School District
NameGradesDistance
South Pointe Elementary School
1050 4th Street, Miami Beach, FL 33139
PK-50.5 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.5 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 764 Washington Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/25/2026
Price Reduced
$3,890,000
-0.26%
MLS
6/29/2025
Listed
$3,900,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 764 Washington Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,615
—
$1,098,890
—
2024
$20,650
4%
$1,098,890
—
2023
$19,947
9%
$1,098,890
5%
2022
$18,339
7%
$1,046,562
10%
2021
$17,145
11%
$949,850
35%
2019
$15,409
9%
$704,716
10%
2018
$14,129
3%
$640,651
-33%
2017
$13,661
2%
$949,850
79%
2016
$13,363
8%
$529,464
10%
2015
$12,393
11%
$481,331
10%
2014
$11,185
26%
$437,574
10%
2013
$8,912
—
$397,795
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Best of Luxury Realty Corp.

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764 Washington Ave, Miami Beach, FL 33139 (MLS# A11830965) is a Commercial Land property with a lot size of 0.28 acres. 764 Washington Ave is currently listed for $3,890,000 and was received on June 29, 2025. Want to learn more about 764 Washington Ave? Do you have questions about finding other Commercial Land real estate for sale in Flamingo-Lummus? You can browse all Flamingo-Lummus real estate or contact a Coldwell Banker agent to request more information.

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