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.
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Miami Beach South Pointe Elementary School | 1050 4TH ST | public | 490 | PK - 5 | 0.49 mi |
| Miami Beach Feinberg/fisher K-8 | 1420 WASHINGTON AVE | public | 842 | PK - 8 | 0.55 mi |
| Fisher Island Day School | 2 FISHER ISLAND DR | private | 126 | PK - 8 | 1.24 mi |
| Rasg Hebrew Academy | 2400 PINE TREE DR | private | 592 | PK - 12 | 1.7 mi |
| St Patrick School | 3700 GARDEN AVE | private | 297 | PK - 8 | 2.32 mi |
| Tree Of Knowledge Learning Academy | 2220 NE 203RD TER | private | 125 | 4 - 12 | 2.34 mi |
| North Beach Elementary School | 4100 PRAIRIE AVE | public | 937 | PK - 5 | 2.51 mi |
| Temple Beth Sholom Innovative School | 4144 CHASE AVE # 6 | private | 47 | PK - 4 | 2.53 mi |
| Miami Children's Museum Charter School | 980 MACARTHUR CSWY | public | 309 | KG - 5 | 2.7 mi |
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