What is the asking price and what does it include?

The list price for 764 Washington Ave, Miami Beach FL 33160 is $2,800,000. The property is a property with — bedrooms, — bathrooms, approximately — square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 764 Washington Ave, Miami Beach FL 33160 in Miami Beach, 33160. Coordinates are approximately 25.7782103, -80.1335497. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami Beach — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 2,800,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 764 Washington Ave, Miami Beach FL 33160.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

764 Washington Ave, Miami Beach FL 33139 | Miami-Dade County

Active

764 Washington Ave, Miami Beach FL 33139 | Miami-Dade County | A12020955

$2,800,000

Description

Offering 4 commercial-retail ground-level spaces (CU-1-2-3-4). Totaling over 7,800 sq. ft. of income-producing retail-businesses in the heart of South Beach’s Hotel District. All spaces are currently leased with a yearly NET Income of $216,000. Currently the corner space (Washington & 8th Street) is operated as a grocery store. The other spaces are combined, operating a restaurant/bar. All NNN-leases, which yields no added costs to the landlord. All tenants are profitable and willing to remain onsite. Property is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. All spaces on ground-level for the Royal South Beach Condo-Hotel. Property passed 40-Yr recertification. The 50-Yr recertification Engineering Study just completed (See MLS attachments). Kindly contact the listing agent to schedule a showing and DO NOT disturb the onsite businesses.

Address

Open on Google Maps

Address: Washington Ave
City: Miami Beach
Zip/Postal Code: 33139

Details

Updated on June 8, 2026 at 2:08 am

Property ID A12020955
Price $2,800,000
Property Status Active

Additional details

LivingAreaUnits Square Feet
PhotosCount 3
MIAMIRE_SubdivisionNumber 270
ViewYN No
MIAMIRE_EnvironmentalAudit Unknown
MIAMIRE_NumMeters 4
MIAMIRE_NARRulesYN Yes
BuildingName Royal South Beach Condo-Hotel
AssociationFeeFrequency Monthly
MIAMIRE_SupplementCount 7
ListingKeyNumeric 480698899
MIAMIRE_RailDescription No Rail Service
TaxAnnualAmount 20650
CurrentUse Retail
AssociationYN No
MlsStatus Active
StreetNumber 764
ListingKey a047d71aa072c759d760e91d10d95489
Directions Located on Washington Avenue.
MIAMIRE_AddressInternetDisplay 764 Washington Ave 4-Folios Included
MIAMIRE_RoadTypeDescription Two Lane
PoolPrivateYN No
ListingTerms All Cash, Conventional/Refinance, Owner Will Carry
WaterfrontYN No
InternetAddressDisplayYN Yes
StoriesTotal 1
StreetNumberNumeric 764
MIAMIRE_MunicipalCode 2
ParkingFeatures Off Site
PostalCodePlus4 6210
NumberOfUnitsInCommunity 4
MIAMIRE_Area 42
StructureType Commercial Condo, Commercial, Free Standing, Hotel/Motel, Restaurant, Retail
ListingAgreement Exclusive Right To Sell
ListingId A12020955
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN Yes
InternetAutomatedValuationDisplayYN Yes
MIAMIRE_NumBays 4
MIAMIRE_ForSaleYN Yes
InternetConsumerCommentYN Yes
BuildingAreaTotal 8000
LotSizeUnits Square Feet
MIAMIRE_SpecialAssessmentYN No
MIAMIRE_SupplementModificationTimestamp 2026-05-18T16:54:05.847Z
ListingContractDate 2026-05-18
Zoning 6400
BusinessType Retail Space
RoadFrontageType City Street, Main Thoroughfare
MIAMIRE_NumTenants 3
StateOrProvince FL
FrontageLength 110
Stories 1
SignOnPropertyYN No
YearBuiltDetails Resale
IDXParticipationYN Yes
DistanceToFreewayNumeric 1
MIAMIRE_ForLeaseYN No
MIAMIRE_PropertyDescription 4 Com Spcs Under Condo Hotel
HorseYN No
UnitNumber 4-Folios Included
LeasableAreaUnits Square Feet
Inclusions Building & Land,Leases, Leases
MIAMIRE_CountyLandCode 3918
MIAMIRE_MilestoBeach 0
Sewer Public Sanitation
SyndicationRemarks Offering 4 commercial-retail ground-level spaces (CU-1-2-3-4). Totaling over 7,800 sq. ft. of income-producing retail-businesses in the heart of South Beach's Hotel District. All spaces are currently leased with a yearly NET Income of $216,000. Currently the corner space (Washington & 8th Street) is operated as a grocery store. The other spaces are combined, operating a restaurant/bar. All NNN-leases, which yields no added costs to the landlord. All tenants are profitable and willing to remain onsite. Property is located in a highly visible corner-lot along Washington Ave, steps to Ocean Drive and Lincoln Road. All spaces on ground-level for the Royal South Beach Condo-Hotel. Property passed 40-Yr recertification. The 50-Yr recertification Engineering Study just completed (See MLS attachments). Kindly contact the listing agent to schedule a showing and DO NOT disturb the onsite businesses.
MIAMIRE_FloodZone AE
NewConstructionYN No
NumberOfBuildings 1
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LotFeatures Central Business District, Corner Lot
MIAMIRE_OkToAdvertiseList With Written Broker Approval
LotSizeSquareFeet 12000
MIAMIRE_BuildingNameNumber Royal South Beach Condo-Hotel
UnparsedAddress 764 Washington Ave, Miami Beach FL 33139
MIAMIRE_Blogging Yes
FeedTypes IDX