763 E Pennsylvania Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Business Opportunity
Overview
- 1936
Description
Great Redevelopment Opportunity. Own future control of the Royal South Beach Condominium-Hotel. Located two blocks from Ocean Drive’s beach access. This offer is to acquire 32 out of 42-total units (combined 9,503 square feet). Advertised in 2 separate MLS listings: A11809242 (18 Units) and Business Opportunity A11811796 (14 Units). Licensed for “nightly or long term-rentals” through self-managed or optional hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). Units currently rented, fully furnished with equipped kitchenettes. THIS OFFER IS NOT FOR THE ENTIRE BUILDING, but additional units can be negotiated for full ownership. Building passed 40-Yr Recertification. Review MLS attachments and broker remarks for additional information.
Address
Open on Google Maps- Address Pennsylvania Ave
- City Miami Beach
- State/county Miami-Dade County
- Zip/Postal Code 33139
Details
Updated on May 30, 2025 at 11:39 am- Property ID: A11811796
- Price: $7,360,000
- Year Built: 1936
- Property Status: Business Opportunity
Features
Mortgage Calculator
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- Monthly HOA Fees
