South Florida Real Estate

HighRise

Miami Beach , FL 33139

MLS#: A11826748

$7,490,000

Status: Active
Listing number: A11826748
Listing provided by: Best of Luxury Realty Corp.
Listing agent phone: None
Last update: 27 days ago
On site: 8 months ago
Browse Properties
ROYAL SOUTH BEACH CONDO - Residential

Property

Beds

33

Full Baths

33

1/2 Baths

None

Year Built

1936

Sq.Footage

270

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 & Amenities

Interior

  • Other Interior Features

    Elevator, Bar

  • Total Bedrooms

    33

  • Bathrooms

    33

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    Size Limit, Yes

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    On Street

  • Patio and Porch Features

    Patio

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Other

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    HighRise

Price

  • Sales Price

    $7,490,000

  • Tax Amount

    $80,940

  • Sq. Footage

    270

  • Price/SqFt

    $27,740

HOA

  • Association

    Yes

  • Association Fee

    $31,204

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Association Amenities

    Elevator(s)

  • Senior Community YN

    NO

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Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Dennys Gonzalez , Best of Luxury Realty Corp.

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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.

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