Royal South Beach Condo Fourplex For Sale
763 E Pennsylvania Ave, Miami Beach, FL 33139

$2,800,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11663865
  • Virtual Tour: YES
  • List Price: $2,800,000
  • Living Area: 4411 Ft² / 410 M²
  • Price Per Foot/Meter: $635 / $6,833
  • Maintenance:$836
  • Taxes:$3,122
  • Year Built:1936
  • Listing Date:September 23, 2024
  • Days On Market:53

Description


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.

Features


  • Floor:CeramicTile, Marble, Other
  • Exterior Feature:Patio

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker