Basic Information

  • Type Condominiums
  • Subdivision/Complex Royal South Beach Condo
  • Year Built 1936
  • Total Sqft 270
  • Date Listed 06/22/2025
  • Days on Market 239
Description

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.

Amenities

  • Elevators
  • Transportation Service

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description On Street
  • Exterior Features Patio

Interior Features

  • Adjusted Sqft 270Sq.Ft
  • Interior Features Elevator, Bar
  • Sqft 270 Sq.Ft

Property Features

  • Aprox. Lot Size 270
  • Furnished Info No
  • Short Sale Regular Sale
  • HOA Fees $31,204
  • Subdivision Complex Royal Sb Condo Hotel
  • Subdivision Info Royal South Beach Condo
  • Tax Amount $80,940
  • Tax Year 2024

Undisclosed Address

Miami Beach, FL 33139

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Best of Luxury Realty Corp.. tel: 305-407-1657

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