***13-UNITS*** TURNKEY INVESTMENT to enhance your short/long rental PORTFOLIO. Best South Beach location, steps to the beach, Lincoln Road & Española Way. Building is 3 stories-high with 42 units total. Live, work & enjoy South Beach’s perks with this offer of a **13-units package** of fully-furnished studios in the Royal Condo-Hotel. Kitchenettes are fully equipped. Building approved for short-term/long-term rentals or owner may reside in. 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 a 13-unit package (total 4,411 sq. ft. for all units). Inventory of units and Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. AirB&B Cash Cow.
Property Details
Price:
$2,830,000
MLS #:
A11663865
Status:
Active
Beds:
0
Baths:
0
Address:
763 E Pennsylvania Ave
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
ROYAL SOUTH BEACH CONDO,ROYAL CONDO HOTEL
Neighborhood:
Royal South Beach Condo
City:
Miami Beach
Listed Date:
Sep 22, 2024
State:
FL
Finished Sq Ft:
4,411
Total Sq Ft:
4,411
ZIP:
33139
Year Built:
1936
Units:
13
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Schools
Interior
Cooling
Central Air
Flooring
Ceramic Floor, Marble, Other
Heating
None
Exterior
Architectural Style
Detached, Old Spanish
Roof
Concrete
Financial
HOA Fee
$836
HOA Frequency
Monthly
Tax Year
2023
Taxes
$3,122
Map
Community
- Address763 E Pennsylvania Ave Miami Beach FL
- SubdivisionROYAL SOUTH BEACH CONDO,ROYAL CONDO HOTEL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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