FL > Miami Beach
Miami Beach, FL 33139,763 E Pennsylvania Ave
Miami Beach, FL 33139,763 E Pennsylvania Ave
Miami Beach, FL 33139,763 E Pennsylvania Ave
Miami Beach, FL 33139,763 E Pennsylvania Ave
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Amy Mitchell

Amy Mitchell

Real Estate Professional

+1(786) 386-2735
$ 7,360,000
Est. payment | /mo

4,411 SqFt

Save Virtual Tour
$ 7,360,000
Est. payment | /mo
Save Virtual Tour

4,411 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,411 sqft

Price per Sqft $1,668

MLS Listing ID A11811796

Construction Status Resale

HOA Y/N No

Year Built 1936

Annual Tax Amount $78,528

Tax Year 2025

Lot Dimensions 12000

Property Description

Great Redevelopment Opportunity. Own future control of the Royal South Beach Condominium-Hotel. Located two blocks from Ocean Drive's beach access. This offer is to acquire 32 out of 42-total units (combined 9,503 square feet). Advertised in 2 separate MLS listings: A11809242 (18 Units) and Business Opportunity A11811796 (14 Units). Licensed for “nightly or long term-rentals” through self-managed or optional hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). Units currently rented, fully furnished with equipped kitchenettes. THIS OFFER IS NOT FOR THE ENTIRE BUILDING, but additional units can be negotiated for full ownership. Building passed 40-Yr Recertification. Review MLS attachments and broker remarks for additional information.

Location

State FL

County Miami-dade

Area 42

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile, Other

Exterior

Roof Type Other

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Construction Status Resale

Others

Tax ID 02-42-03-270-0330

Ownership Self Proprietor/Individual

Security Features Other

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11811796

Listed by Best of Luxury Realty Corp.

GET MORE INFORMATION

agent
Amy Mitchell

Broker-Associate | Lic# 3024517

+1(786) 386-2735

10752 Deerwood Park Blvd. Suite 100, Jacksonville, FL, 32256

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763 E Pennsylvania Ave