Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: 4,411 ft2/409.80 m2
- Price Per: $634.78 ft2/$6,832.68 m2
- Type: Multifamily
- Built: 1936
- HOA: $836.00/MO
- MLS Number: A11663865
- View No info
- On Site: 149 days
- Updated: 98 Days Ago
- Page Views: 4
For sale is a portfolio of 13 fully-furnished studios at the Royal South Beach Condo/Hotel. Best South Beach location, steps to the beach, Lincoln Road & Española Way. The building is 3 stories-high with a total of 42 units and has already received its 40-Yr recertification. Units and Kitchenettes are fully equipped and legally approved for short-term/long-term rentals that may be self-managed or added to the Hotel Program (see attachments). All utilities & Concierge (24-Hr Front Desk) are included in HOA Monthly Fee. These properties can be sold individually or as the 13-unit portfolio, which totals 4,411 sq. ft. Inventory of units & Condo-Docs is included in the listing attachments. This is an AirB&B Cash Cow.
Contact AdvisorDevelopment Amenities
Development Amenities:
- Bike Storage
- Clubhouse / Clubroom
- Elevators
- Fitness Center
- Laundry
- Picnic Area
- Pool
- Recreation Facilities
- Sauna
- Spa Hot Tub
- Storage
- Trails
- Trash Chute
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
11/13/2024 | Price Reduced | $2,800,000.00 | 1.1% | $634.78 ft2/$6,832.68 m2 |
09/23/2024 | Listed | $2,830,000.00 | $641.58 ft2/$6,905.89 m2 |
Features
Property Details for 763 E Pennsylvania Ave, Miami Beach, FL 33139
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: Patio
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: None
- Cooling Description: No info
- Building and Construction
- Floor Description: Ceramic Tile, Marble, Other
- Windows/Treatment: No info
- Construction Type: Block
- Year Built: 1936
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Royal Condo
- Subdivision Name: ROYAL SOUTH BEACH CONDO
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 09/23/2024
- Area: 42
- Brokered By: Best of Luxury Realty Corp.
- Taxes, Fees & More
- Maintenance/HOA Fees: $836.00/month
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $3,122.00 (2023)