Property
| Ownership: | For Sale |
|---|---|
| Type: | Condo |
| Bedrooms: | 33 BR |
| Bathrooms: | 33 |
| Pets: | Pets Allowed |
Financials
Price:$7,490,000
Annual Taxes:$80,940
Common charges:$31,204
Listing Courtesy of Best of Luxury Realty Corp.
Great opportunity for owner operator, land developer, or hotel operator.
Description
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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11826748
Amenities
- Bar
- Doorman
- Elevator
- Elevators
- ElevatorSecured
- LobbySecured
- Other
- Patio
- Refrigerator
- TransportationService
Neighborhood
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
