Description
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.
Property Type
ResidentialSubdivision
Royal South Beach CondoCounty
Miami-DadeStyle
HighRiseAD ID
50242987
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 33
- Full Baths: 33
Interior Features
- Elevator,Bar
Flooring Information
- Other
Heating & Cooling
- Heating: WallFurnace
- Cooling: WallWindowUnits
-
Exterior Features
Building Information
- Year Built: 1936
Exterior Features
- Patio
-
Property / Lot Details
Property Information
- Subdivision: ROYAL SOUTH BEACH CONDO
-
Listing Information
Listing Price Information
- Original List Price: $7590000
-
Taxes / Assessments
Tax Information
- Annual Tax: $80940
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- OnStreet
Homeowners Association Information
- Included Fees: Amenities,Insurance
- HOA: 31,204
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BuyOwner last updated this listing 07/04/2025 @ 10:11
- MLS: A11826748
- LISTING PROVIDED COURTESY OF: Dennys Gonzalez, Best of Luxury Realty Corp.
- SOURCE: SEFMIAMI
is a Home, with 33 bedrooms which is for sale, it has 270 sqft, 270 sized lot, and 0 parking. are nearby neighborhoods.