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MLS:A11826748

, Unit 33-Units, Miami Beach, FL 33139

Priced at: $7,590,000
Bedrooms:
33
Bathrooms (Full):
33
Bathrooms (Half):
0
Living Area SqFt:
270 Sq Ft
Year Built:
1936
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.

Fees

Tax Year:
2024
Tax Amount:
$80,940
Association Fees:
$31,204
Maintenance Includes:
All Amenities, Insurance

Features

Interior Features:
  • Elevator
Equipment/ Appliances:
  • Refrigerator
Amenities:
  • Bar
  • Courtesy Bus
  • Elevator(s)
Security Info:
  • Doorman
  • Elevator Secure
  • Lobby Secured
Parking:
  • On Street
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MLS: A11826748
, Unit 33-Units, Miami Beach, FL 33139
Price: $7,590,000
Listing courtesy of Best of Luxury Realty Corp.

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Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification.

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

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