South Florida Real Estate

HighRise

None

Miami Beach , FL 33139

MLS#: A11826748

$7,590,000

Status: Active
Listing number: A11826748
Listing provided by: Best of Luxury Realty Corp.
Listing agent phone: None
Last update: 14 days ago
On site: 30 days ago
Browse Properties
ROYAL SOUTH BEACH CONDO - Residential

Property

Beds

33

Full Baths

33

1/2 Baths

None

Year Built

1936

Sq.Footage

270

Price per SqFt

N/A

Redevelopment Opportunity when you own control of this Condominium-Hotel (Royal South Beach), with beach access just two blocks away. The offer is to acquire 33 out of 42-total individual units (combined 10,083 square feet), with the potential to also acquire all commercial spaces located on ground level and fully operational (approximately an additional 7,890 square feet). Property licensed for “nightly-rentals” that can be self-managed or rented through existing hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). All units are fully furnished with equipped kitchenettes. Building passed 40-Yr Recertification, and it is pending the 50-Yr recertification. Review MLS attachments and broker remarks for additional information.

Features & Amenities

Interior

  • Other Interior Features

    Elevator, Bar

  • Total Bedrooms

    33

  • Bathrooms

    33

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    On Street

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    HighRise

Financial

  • Sales Price

    $7,590,000

  • Tax Amount

    80940.0

Property Features

  • Association

    YES

  • Association Fee

    31204.0

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

  • Senior Community YN

    No

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Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Dennys Gonzalez , Best of Luxury Realty Corp.

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Agent JarrodGaylis

Realtor

JarrodGaylis

Call Jarrod today to schedule a private showing.

(817) 682-7464

jgaylis@perfectpropertiesfl.com


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Redevelopment Opportunity when you own control of this Condominium-Hotel (Royal South Beach), with beach access just two blocks away. The offer is to acquire 33 out of 42-total individual units (combined 10,083 square feet), with the potential to also acquire all commercial spaces located on ground level and fully operational (approximately an additional 7,890 square feet). Property licensed for “nightly-rentals” that can be self-managed or rented through existing hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). All units are fully furnished with equipped kitchenettes. Building passed 40-Yr Recertification, and it is pending the 50-Yr recertification. Review MLS attachments and broker remarks for additional information.

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