FL > Miami Beach > Royal South Beach Condo
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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$2,800,000
Est. payment /mo
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4,411 SqFt
Price Dropped by $30K

763 E Pennsylvania Ave Miami Beach, FL 33139

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Cher Varghese

Cher Varghese

+1(954) 643-3601

UPDATED:

11/13/2024 05:32 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,411 sqft

Price per Sqft $634

Subdivision Royal South Beach Condo

MLS Listing ID A11663865

Style Fourplex

Construction Status Resale

HOA Fees $836/mo

HOA Y/N Yes

Year Built 1936

Annual Tax Amount $3,122

Tax Year 2023

Property Description

For sale is a portfolio of 13 fully-furnished studios at the Royal South Beach Condo/Hotel. Best South Beach location, steps to the beach, Lincoln Road & Española Way. The building is 3 stories-high with a total of 42 units and has already received its 40-Yr recertification. Units and Kitchenettes are fully equipped and legally approved for short-term/long-term rentals that may be self-managed or added to the Hotel Program (see attachments). All utilities & Concierge (24-Hr Front Desk) are included in HOA Monthly Fee. These properties can be sold individually or as the 13-unit portfolio, which totals 4,411 sq. ft. Inventory of units & Condo-Docs is included in the listing attachments. This is an AirB&B Cash Cow.

Location

State FL

County Miami-dade

Community Royal South Beach Condo

Area 42

Interior

Heating None

Cooling Central Air

Flooring Ceramic Tile, Marble, Other

Exterior

Exterior Feature Patio

Pool None

Utilities Available Cable Available

Roof Type Concrete

Porch Patio

Building

Lot Description < 1/4 Acre

Story 3

Sewer Public Sewer

Architectural Style Fourplex

Structure Type Block

Construction Status Resale

Others

Tax ID 02-42-03-270-0330

Acceptable Financing Cash, Conventional, Owner May Carry, Other

Listing Terms Cash, Conventional, Owner May Carry, Other

Listed by Best of Luxury Realty Corp.

Learn More About LPT Realty

Cher Varghese

Agent | License ID: 3292935

+1(954) 643-3601

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763 E Pennsylvania Ave