Basic Information

  • MLS # A11831146
  • Type Hotel Motel
  • Status Active
  • Year Built 1936
  • Total Sqft 12,000
  • Date Listed 07/02/2025
  • Days on Market 9
Description

Royal South Beach Condo-Hotel was built in 1936 with 42 Residential Units (4 1bed/1bath and 38 studios) and 4 ground-level Commercial Units facing Washington Avenue. This offer is for 33-units (approximately 10,083 Sq. Ft.) with a mix of studios and 1-bedroom units, all individually renovated and fully equipped. Property is licensed for transient occupancy or nightly rentals without restrictions. Each property individual owned with separate folio #’s. HOA fee per unit includes all utilities, insurances and 24/7 Front Desk service. Offer includes the entire ground-level commercial spaces (approximately 8,000 Sq. Ft.); generating a Net Annual Revenue of $216,000. Building renovated in 2000, including new plumbing, elevator, hallways, electrical, and A/C systems to common areas.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description On Street
  • Style Hotel Motel

Interior Features

  • Adjusted Sqft 12,000Sq.Ft
  • Sqft 12,000 Sq.Ft

Property Features

  • Address 760 E Washington Ave #CU-2
  • Aprox. Lot Size 12,000
  • Architectural Style Detached
  • City Miami Beach
  • County Miami- Dade
  • Furnished Info no
  • Listing Terms Cash
  • Occupant Type Tenant
  • Parking Features On Street
  • Possession Close Of Escrow
  • Postal City Miami Beach
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $4,951
  • Tax Legal desc R O Y A L S O U T H B E A C H C O N D O U N I T C U-2 U N D I V638/20383 I N T I N C O M M O N E L E M E N T S O F F R E C21561-4692
  • Tax Year 0
  • Terms Considered Cash
  • Type of Property Hotel Motel
  • Year Built Details Resale

760 E Washington Ave #CU-2

Miami Beach, FL 33139

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Best of Luxury Realty Corp.. tel: 305-407-1657

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