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763 E Pennsylvania Ave, Miami Beach FL 33139

Multi-family For Sale
$2,800,000

BTC: 29.59830867

ETH: 897.43589744

-$30K (2024/11/13)
55 days
0 room(s)
4,411 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Miami Beach • 33139 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1936
Lot:
No Data
Heating:
None
Price/sqft:
$635
Cooling:
Central Air
HOA:
$836
All facts and features

  • Flooring

    • Ceramic Floor

    • Marble

    • Other

    Heating

    • None

    Cooling

    • Central Air

    Other interior features

    • Elevator

  • Other Property Information

    • Parcel Number: 02-42-03-270-0330

    • Zoning: 6400

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • HOA: $836

    • HOA Frequency: Monthly

    • Annual tax amount: $3,122

  • Source details

    • MLS ID: A11663865

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Architectural Style: Detached / Old Spanish

    • Living Area: 4411

    • Subdivision Name: ROYAL SOUTH BEACH CONDO,ROYAL CONDO HOTEL

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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 ©2024-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.