763 E Pennsylvania Ave
Flamingo / Lummus, Miami Beach, FL 33139
$2,800,000
Description
763 E Pennsylvania Ave,
Miami Beach,
FL
33139
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 & Espaola 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.
This is an Active listing.
Broker Office Phone Number: 305-406-7165
Copyright © 2024MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Patio
- Tile Flooring
- Marble Flooring
- Ceramic Flooring
Listing By: Best of Luxury Realty Corp. via Data Source: MIAMI Association of REALTORS®
Price History
date | price | variance | type |
---|
11/14/2024 | $2,800,000 | 1.06 % | decreased |
9/23/2024 | $2,830,000 | - | Listed |
listing agent: Dennys Gonzalez