Miami Beach, FL 33139,Address not disclosed
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Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
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Sylvio Martini

Sylvio Martini

+1(305) 876-4420
$ 7,490,000
Est. payment /mo
Save Virtual Tour
Price Dropped by $100K

Address not disclosed Miami Beach, FL 33139

33 Beds

33 Baths

270 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 270 sqft

Price per Sqft $27,740

Subdivision Royal South Beach Condo

MLS Listing ID A11826748

Style High Rise

Bedrooms 33

Full Baths 33

HOA Fees $31,204/mo

HOA Y/N Yes

Min Days of Lease 1

Leases Per Year 365

Year Built 1936

Annual Tax Amount $80,940

Tax Year 2024

Property Sub-Type Condominium

Property 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.

Location

State FL

County Miami-dade

Community Royal South Beach Condo

Area 42

Interior

Interior Features Elevator, Bar

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other

Appliance Refrigerator

Exterior

Exterior Feature Patio

Amenities Available Elevator(s), Transportation Service

View Other

Porch Patio

Garage No

Private Pool Yes

Building

Architectural Style High Rise

Structure Type Block

Others

Pets Allowed Size Limit, Yes

HOA Fee Include Amenities,Insurance

Senior Community No

Restrictions Daily Rentals Allowed,OK To Lease,See Remarks

Tax ID 02-42-03-270-0050

Security Features Door Man,Elevator Secured,Lobby Secured

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Listed As-Is

Pets Allowed Size Limit, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11826748

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Best of Luxury Realty Corp.

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Sylvio Martini
Sylvio Martini

admin | License ID: 3238294

+1(305) 876-4420 | martini@miamirealtysolution.com

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Address not disclosed