Basic Information

  • Type Condominiums
  • Subdivision/Complex Royal South Beach Condo
  • Year Built 1936
  • Total Sqft 270
  • Date Listed 06/22/2025
  • Days on Market 5
Description

Redevelopment Opportunity when you own control of this Condominium-Hotel (Royal South Beach), with beach access just two blocks away. The offer is to acquire 33 out of 42-total individual units (combined 10,083 square feet), with the potential to also acquire all commercial spaces located on ground level and fully operational (approximately an additional 7,890 square feet). Property licensed for “nightly-rentals” that can be self-managed or rented through existing hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). All units are fully furnished with equipped kitchenettes. Building passed 40-Yr Recertification, and it is pending the 50-Yr recertification. Review MLS attachments and broker remarks for additional information.

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

763 E Pennsylvania Ave #33-Units

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

Real Estate IDX Powered by: TREMGROUP