Worldwide Properties is proud to present The Royal at the highly coveted South of Fifth neighborhood of South Beach! A Plethora of World-renown dining is just steps away, in addition to the sand and the Atlantic Ocean! The Mission Style Architecture building is comprised of 11 apartment units and includes approved plans to convert into a vacation rental / extended stay with cafe and retail, or may convert to other allowed commercial use including multifamily apartment rental. Loads of charming architectural features, hard wood floors, and some units are highly upgraded. MUST SEE OPPORTUNITY IN A TRIPLE AAA LOCATIONS. Trophy asset.