763 E Pennsylvania Ave Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33139
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,411 sqft
Price per Sqft $729
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 Sub-Type Quadruplex
Property Description
This offer is for an inventory of 32 studio-apartments from a total of 42 studio-apartments located in the Royal South Beach Condo-Hotel, on Washington Ave, 2-blocks walk to the Beach on Ocean Drive. Building legally approved for nightly- or long-term rentals, which can be self-managed or through existing hotel rental-program. HOA fee per unit is all-inclusive. Fully furnished, including kitchenettes, currently rented nightly or monthly. This sale is NOT for the entire building, however owning 32 units will bring you close to full-control of the entire property and HOA. Building passed 40-Yr Recertification. See MLS attachments and broker remarks for more information.
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
Private Pool No
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
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11663865