Royal South Beach Condo

$2,700,000

763 E Pennsylvania Ave, Miami Beach, FL 33139

For Sale

Multifamily Duplex / Triplex / Fourplex

Active

Last Updated: 03/01/2025

Details:

Building Size: 4,411 sqft

Units: 4

Year Built: 1936

Floors: 3

Gross Leaseable Area: 4,411

Offered by Realtor

Dennys Gonzalez

Best of Luxury Realty Corp.

#3210080

Request Info to Unlock

Highlights:

Lot Features: Less Than 1/4 Acre Lot
Documents Available: Inventory
Architectural Style: Detached, Old Spanish
Cooling: Central Air
Heating: None
Flooring: Ceramic Floor, Marble, Other

Description:

13 (thirteen) studio-condos at Royal South Beach (Condo-Hotel) for sale: purchase all properties as one package or individually. You'll receive a bulk-discount when purchasing all units. Approved short-term rentals. Combined square footage for the 13 studios is 4,411 sq. ft. Fully furnished with kitchenettes and renting nightly or long-term. Rental can be self-managed, through Condo-Hotel Program or the owner may reside at the property. The Royal South Beach Condo/Hotel has 42 units total and retail spaces. Located in a prime area of South-Beach, one block from the beach Ocean Drive. Building passed its 40-Yr recertification. HOA Fee includes all utilities, insurance, & concierge service (24-Hr Front Desk). Buy preferably cash or via private-lending. Review MLS attachments for specifics.