FL > Miami Beach > Royal South Beach Condo
Miami Beach, FL 33139,Address not disclosed
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Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
Miami Beach, FL 33139,Address not disclosed
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John Reaves

John Reaves

+1(305) 804-0452
$ 7,590,000
Est. payment /mo
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Address not disclosed Miami Beach, FL 33139

33 Beds

33 Baths

270 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 270 sqft

Price per Sqft $28,111

Subdivision Royal South Beach Condo

MLS Listing ID A11826748

Style High Rise

Bedrooms 33

Full Baths 33

Construction Status Condo-Hotel

HOA Fees $31,204/mo

HOA Y/N Yes

Min Days of Lease 1

Leases Per Year 365

Year Built 1936

Annual Tax Amount $80,940

Tax Year 2024

Property Sub-Type Condominium

Property 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.

Location

State FL

County Miami-dade

Community Royal South Beach Condo

Area 42

Interior

Interior Features Elevator, Bar

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other

Appliance Refrigerator

Exterior

Exterior Feature Patio

Amenities Available Elevator(s), Transportation Service

View Other

Porch Patio

Garage No

Private Pool Yes

Building

Architectural Style High Rise

Structure Type Block

Construction Status Condo-Hotel

Others

Pets Allowed Size Limit, Yes

HOA Fee Include Amenities,Insurance

Senior Community No

Tax ID 02-42-03-270-0050

Security Features Door Man,Elevator Secured,Lobby Secured

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Listed As-Is

Pets Allowed Size Limit, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11826748

Listed by Best of Luxury Realty Corp.
agent

John Reaves

+1(305) 804-0452

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