Price Reduced 1.32%
Price History
$7,590,000
6/22/2025
$7,490,000
1/26/2026
33 beds
33 Full baths
1936
High Rise
270 sqft
Great opportunity for owner-operator, land developer, or hotel operator. This offer is 34 units, from the total of 42 units in this building (Royal South Beach Hotel). I also have the 4 commercial spaces on ground level facing Washington Ave (under a separate listing for $3.8M). Take it all for $11.5M. Building licensed for nightly rentals with no restrictions. All units furnished with full bathrooms and kitchenettes. The HOA fee per unit includes 24/7 front desk service, insurances, utilities, etc. Building passed the 40-Yr Recertification. Review MLS attachments and broker remarks for additional information. A great way to increase your AirB&B and short-term rental portfolio.
Status:
Active
Type:
Condo
Complex:
ROYAL SOUTH BEACH CONDO
Garage:
On Street
Heating:
Wall Furnace
Cooling:
Wall/Window Unit(s)
Levels:
3
Common Charge:
$31,204 Monthly
Est. Taxes:
$80,940
HOA Fee
$31,204
Construction
Block
View Description:
Other
Amenities:
Elevator(s), Transportation Service
Days on Market:
229
Pet Allowed:
Yes
Pet Policy:
Size Limit, Yes
Appliances:
Refrigerator
MLS #:
A11826748
Community Info
School Info
Listing courtesy of Best of Luxury Realty Corp. 305-407-1657