763 E Pennsylvania Ave, Miami Beach, FL 33139

 
MLS #: A11811796
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Price: $7,360,000 MLS Number: A11811796  Commercial / Investment
 Address: 763 E Pennsylvania Ave, Miami Beach, Florida 33139 USA
 Total Square Feet: 4,411
 
 Year Built: 1936
 
 Lot Dimensions: 12000
 
 
 Remarks:
Great Redevelopment Opportunity. Own future control of the Royal South Beach Condominium-Hotel. Located two blocks from Ocean Drive's beach access. This offer is to acquire 32 out of 42-total units (combined 9,503 square feet). Advertised in 2 separate MLS listings: A11809242 (18 Units) and Business Opportunity A11811796 (14 Units). Licensed for “nightly or long term-rentals” through self-managed or optional hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). Units currently rented, fully furnished with equipped kitchenettes. THIS OFFER IS NOT FOR THE ENTIRE BUILDING, but additional units can be negotiated for full ownership. Building passed 40-Yr Recertification. Review MLS attachments and broker remarks for additional information.
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