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Melissa Carbonell

melissa@melcarbonell.com +1(954) 817-2604

$ 2,830,000

Est. payment -/mo

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Active

763 E Pennsylvania Ave Miami Beach, FL 33139

4,411 SqFt

UPDATED:

10/15/2024 04:39 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 $641

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

Live, work & enjoy South Beach’s perks with this offer of a **13-units package** of fully-furnished studios in the Royal Condo-Hotel. Best South Beach location, steps to the beach, Lincoln Road & Española Way. Hotel/Condo/Building is 3 stories-high (42 units total). We are offering 13-UNITS as a TURNKEY INVESTMENT for your rental PORTFOLIO. Units and Kitchenettes fully equipped. Legally approved for short-term/long-term rentals. Owner may reside as well. Rents are self-managed or through Hotel Program (see attachments). Utilities & Concierge (24-Hr Front Desk) included in HOA Fee. Properties sold individually or as 13-unit package (total 4,411 sq. ft. for all units). Inventory of units & Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. 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

Waterfront No

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.

Melissa Carbonell

Broker Associate | License ID: BK3269988

+1(954) 817-2604

Melissa Carbonell

763 E Pennsylvania Ave Miami Beach, FL 33139

Key Details

Location

Interior

Exterior

Building

Others

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763 E Pennsylvania Ave