Price Reduced ListingStudio in a vintage condo-hotel called Royal South Beach. Unit comes fully furnished. No Rental Restrictions. Approved for Nightly Rentals that can be self-managed or through the Hotel Rental Program. You may also rent the unit for longer terms. HOA fee covers all utilities, insurances, cable, and concierge services. Lobby entrance is on Pennsylvania Ave & 8th Street, and the building sits on a corner-lot facing Washington Ave. Elevator on premises to access the 2nd and 3rd floors and the private sundeck. The ground level features a restaurant, bar and convenience store. This property is in central South Beach's entertainment district, very walkable to local restaurants, bars, and beach access on Ocean Drive. This is an ideal property to be used as a seasonal vacation home or income-producing via AirBnB. *** In addition to this listing, I have an additional 17 units for sale in this building, all from the same owner. Buy all units for $3.5M OBO. *** Building is 40-Yr Certified and in the process of completing the 50-Yr Recertification. Don't miss this great opportunity to enhance your rental portfolio from a Motivated Seller. No conventional financing is Available. Must purchase cash or through private lending. Call Listing Agent for any questions. See attachments available in the MLS. Easy to show by gaining access through the front desk attendant.
| MLS # | A12044308 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $836 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 122 |
| Listing Provided By | Best of Luxury Realty Corp. | Dennys E. Gonzalez |
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 270 |
| Story(s) | 3 |
| Property View | Yes |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2500 |
|---|
| Community Features | Home Owners Association |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 2420 |
| Community Name | ROYAL SOUTH BEACH CONDO |
| Listing VS Median (in ROYAL SOUTH BEACH CONDO) | |
Price: $194,500 low | high Med: $170,000 sqft: 270 low | high Med: 270 $ / sqft: $720 low | high Med: $630 On site: 122 low | high Med: 551 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 2420 |
| Community Name | ROYAL SOUTH BEACH CONDO |
| Listing VS Median (in ROYAL SOUTH BEACH CONDO) | |
Price: $194,500 low | high Med: $170,000 sqft: 270 low | high Med: 270 $ / sqft: $720 low | high Med: $630 On site: 122 low | high Med: 551 | |