Miami Beach
$7,590,000 USD 33 33
Pictures
Map
Contact us
Schedule Tour
| Address | Miami Beach |
| Building Name | Royal SB Condo Hotel |
| Type of Property | Condominium |
| Price | $7,590,000 |
| Property Status | Active |
| MLS Number | A11826748 |
| Bedrooms Number | 33 |
| Full Bathrooms Number | 33 |
| Living Area | 270 |
| Year Built | 1936 |
| Folio Number | 02-42-03-270-0050 |
| Days on Market | 9 |
Detailed 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 sq.ft), with the potential to also acquire all commercial spaces located on ground level and fully operational (approximately an additional 7,890 sq.ft). 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.
Internet
Pets Allowed
Property added to favorites
Loan
Mortgage
Expert
Hide
Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33139 |
| Section | 3 |
| Zip Code (4 Digits) | 6116 |
Financial Information
| Price | $7,590,000 |
| Price per Foot | $0 |
| Folio Number | 02-42-03-270-0050 |
| Maintenance Charge Month | $31,204 |
| Association Fee Paid | Monthly |
| Association Fee | $31,204 |
| Tax Amount | $80,940 |
| Tax Year | 2024 |
Full Descriptions
| Detailed 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 sq.ft), with the potential to also acquire all commercial spaces located on ground level and fully operational (approximately an additional 7,890 sq.ft). 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. |
| Property View | Other View |
| Floor Description | Other |
| Interior Features | Elevator |
| Equipment Appliances | Refrigerator |
| Amenities | Bar, Courtesy Bus, Elevator (s) |
| Cooling Description | Wall / Window Unit (s) |
| Heating Description | Window / Wall |
| Parking Description | On Street |
| Pet Restrictions | Maximum 20 Lbs |
Property parameters
| Bedrooms Number | 33 |
| Full Baths Number | 33 |
| Balcony Includes | 1 |
| Living Area | 270 |
| Year Built | 1936 |
| Type of Property | Condominium |
| Building Name | Royal SB Condo Hotel |
| Development Name | ROYAL SOUTH BEACH CONDO,Royal SB Condo Hotel |
| Construction Type | Concrete Block Construction |
| Listed with | Best of Luxury Realty Corp. |