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Home» Listings» Miami Beach Zone» 33139» 763 E Pennsylvania Ave

Features
: Wall/window Units
: Wall/window Unit(s)
: Other Fire Protection
: Other
: Loading Spaces , On Street
: Corner Lot , Central Business District , Near Seaport
: Public Sanitation
1
: Elevator , Restaurant
Address Map
FL
Miami-Dade County
Miami Beach
33139
763 E Pennsylvania Ave
763
Royal South Beach Condo-Hotel
0
W81° 51' 58.6''
N25° 46' 41.3''
Corner of 7 Street and Washington Avenue, South Beach
02-42-03-270-0330
6400
: E
Additional Information
Best of Luxury Realty Corp.
$80,940
2024
1
40
: Business; Building And Land , Furniture/fixtures
: All Cash
: Main Thoroughfare , City Street
: Commercial , Free Standing , Hotel/motel
: Public
786-306-7965
Property 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 square feet), with the potential to also acquire all commercial spaces located on ground level and fully operational (approximately an additional 7,890 square feet). 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.

NOTE: This is a listing for a business. With business listings, real estate can be included, but frequently is not.

This listing is courtesy of Dennys Gonzalez at Best of Luxury Realty Corp. em:dg@bestofluxuryrealty.com ph:786-306-7965.

Business Opportunity

763 E Pennsylvania Ave, Miami Beach, Florida 33139

$7,590,000
Listing ID#A11811796
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Basic Details
Property Type : Business Opportunity
Listing Type : For Sale
Listing ID : A11811796
Price : $7,590,000
Year Built : 1936
Status : Active
Type of Business : Business, Other, Retail