Property Description

Great opportunity for owner-operator, land developer, or hotel operator. This offer is 34 units, from the total of 42 units in this building (Royal South Beach Hotel). I also have the 4 commercial spaces on ground level facing Washington Ave (under a separate listing for $3.8M). Take it all for $11.5M. Building licensed for nightly rentals with no restrictions. All units furnished with full bathrooms and kitchenettes. The HOA fee per unit includes 24/7 front desk service, insurances, utilities, etc. Building passed the 40-Yr Recertification. Review MLS attachments and broker remarks for additional information. A great way to increase your AirB&B and short-term rental portfolio.

Features
Heating System
Cooling System
View
Pet Allowed:
Yes, Size Limit
Security
Patio:
Patio
Appliances
Architectural Style
Association Amenities
Parking Features
Address Map
State:
FL
County:
Miami-Dade
City:
Miami Beach
Zipcode:
33139
Longitude:
W81° 52' 11.8''
Latitude:
N25° 47' 26.4''
MLS Addon
Association Fee:
$31,204
Association Fee Frequency:
Monthly
Bathrooms Total:
33
Building Area:
270 Sqft
Construction Materials:
Block
Cumulative DOM:
229
DOM:
234
Exterior Features
Flooring:
Other
Interior Features
Internet Listing Display:
1
Listing Terms:
Cash
Parcel Number:
02-42-03-270-0050
Stories Total:
3
Subdivision Name:
ROYAL SOUTH BEACH CONDO
Tax Annual Amount:
$80,940
Tax Year:
2024
Virtual Tour:
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Residential For Sale

Miami Beach, Florida 33139

33 Bedrooms
33 Bathrooms
270 Sqft
$7,490,000
MLS # #A11826748
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Price :
$7,490,000
Bedrooms :
33
Bathrooms :
33
Square Footage :
270 Sqft
Year Built :
1936
MLS # :
A11826748
Property Sub Type :
Condominium
Agent info
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