Price Reduced 1.06%
Price History
$2,830,000
9/22/2024
$2,800,000
11/13/2024
763 E Pennsylvania Ave, Miami Beach, FL, 33139
1936
Fourplex
4,411 sqft
For sale is a portfolio of 13 fully-furnished studios at the Royal South Beach Condo/Hotel. Best South Beach location, steps to the beach, Lincoln Road & Española Way. The building is 3 stories-high with a total of 42 units and has already received its 40-Yr recertification. Units and Kitchenettes are fully equipped and legally approved for short-term/long-term rentals that may be self-managed or added to the Hotel Program (see attachments). All utilities & Concierge (24-Hr Front Desk) are included in HOA Monthly Fee. These properties can be sold individually or as the 13-unit portfolio, which totals 4,411 sq. ft. Inventory of units & Condo-Docs is included in the listing attachments. This is an AirB&B Cash Cow.
Status:
Active
Type:
Multi-family
Zoning:
6400
Subdivision:
ROYAL SOUTH BEACH CONDO
Heating:
None
Cooling:
Central Air
Common Charge:
$836 Monthly
Est. Taxes:
$3,122
HOA Fee
$836
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
52
Pool:
None
MLS #:
A11663865
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Best of Luxury Realty Corp. Phone: 305-407-1657