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763 E Pennsylvania Ave, Miami Beach FL 33139

Multi-family For Sale
$2,830,000

BTC: 42.81635385

ETH: 1,049.22068485

3 days
0 room(s)
4,411 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

***13-UNITS*** TURNKEY INVESTMENT to enhance your short/long rental PORTFOLIO. Best South Beach location, steps to the beach, Lincoln Road & Española Way. Building is 3 stories-high with 42 units total. Live, work & enjoy South Beach’s perks with this offer of a **13-units package** of fully-furnished studios in the Royal Condo-Hotel. Kitchenettes are fully equipped. Building approved for short-term/long-term rentals or owner may reside in. Rents are self-managed or through Hotel Program (see attachments). Utilities & Concierge (24-Hr Front Desk) included in HOA Fee. Properties sold individually or as a 13-unit package (total 4,411 sq. ft. for all units). Inventory of units and Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. AirB&B Cash Cow.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1936
Lot:
No Data
Heating:
None
Price/sqft:
$642
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.