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About This Property
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.
Property Features
County
Miami-Dade County
Section
3
Area
270
Subdivision
ROYAL SOUTH BEACH CONDO,Royal SB Condo Hotel
Interior
Elevator
Cooling
Wall/Window Unit(s)
Bedrooms
33
Floors
Other
Full Baths
33
Appliances
Refrigerator
Heating
Window/Wall
Style
High Rise
Garage Spaces
0
Construction/Exterior
Concrete Block Construction
Patio / Deck Description
Patio
Exterior
Has a Pool
Possession
Lot Size in Acres
Water
Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
On Street
View
Other View
Has Garage
No
Roof/Attic
Senior Community
No
Other Utilities
Property Type
Residential
Pets
Maximum 20 Lbs
Property SubType 2
Condominium
Tax Year
2024
Year Built
1936
Tax Amount
$80940
APN
NA
Square Feet Source
NA
Map
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