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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1936
Sq.Footage
N/A
This offer is for 34 out of 42 studio-apartments and 4 commercial/retail spaces on the street-level (currently generating $216K NET/Year). The acquisition of the remaining 8 studio-apartments can be negotiated directly with those individual owners to own 100% of the building (Royal South Beach Hotel). All studios are turn-key, fully furnished and equipped. HOA fee includes utilities, insurances, 24/7 Front Desk service. Building was renovated in the year 2000 including new plumbing, elevator, hallways, electrical, and A/C systems to common areas. Ideal opportunity for owner-operator, hotel operators, land developers or to enhance your short-term rental portfolio. No Rental Restrictions for this Building as it is located in the Hotel District. Please review all MLS Attachments.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Hotel/Motel
-
Architectural Style
Detached
Price
-
Sales Price
$11,900,000
-
Tax Amount
$4,951
-
Zoning
6400
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Dennys Gonzalez , Best of Luxury Realty Corp.
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
AGENT
David Jean-Louis
Call David today to schedule a private showing.
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