763 Pennsylvania Ave ,Quadruplex, Royal South Beach Condo for Sale

763 Pennsylvania Ave for Sale

Price $2,830,000.00

• Lot size 4411
• Year Build 1936
• Waterfront
• Zip 33139
• Style Detached, Old Spanish
• Parking Description
• Pool Yes
• Status Active

Description

Live, work & enjoy South Beach?s perks with this offer of a **13-units package** of fully-furnished studios in the Royal Condo-Hotel. Best South Beach location, steps to the beach, Lincoln Road & Espa?ola Way. Hotel/Condo/Building is 3 stories-high (42 units total). We are offering 13-UNITS as a TURNKEY INVESTMENT for your rental PORTFOLIO. Units and Kitchenettes fully equipped. Legally approved for short-term/long-term rentals. Owner may reside as well. 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 13-unit package (total 4,411 sq. ft. for all units). Inventory of units & Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. An AirB&B Cash Cow.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11663865 Inventory of units and Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. AirB&B Cash Cow. **** please see listing attachments for all information about building and units ***** Call, email or text listing agent with your questions. Seller's contribution available.

ROYAL SOUTH BEACH CONDO UNIT 117 UNDIV 466/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692 COC 26462-3678 06 2008 5

Less Than 1/4 Acre Lot

Live, work & enjoy South Beach?s perks with this offer of a **13-units package** of fully-furnished studios in the Royal Condo-Hotel. Best South Beach location, steps to the beach, Lincoln Road & Espa?ola Way. Hotel/Condo/Building is 3 stories-high (42 units total). We are offering 13-UNITS as a TURNKEY INVESTMENT for your rental PORTFOLIO. Units and Kitchenettes fully equipped. Legally approved for short-term/long-term rentals. Owner may reside as well. 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 13-unit package (total 4,411 sq. ft. for all units). Inventory of units & Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. An AirB&B Cash Cow.

City:Miami Beach,Zoning:6400,List A O R:A-Miami Association of REALTORS,Stories:3,Tax Year:2023,Flooring:1:Marble,2:Other,Latitude:25.7781689,Cooling Y N:1,List Price:2830000,Listing Id:A11663865,Longitude:-80.1337743,Mls Status:Active,Year Built:1936,Living Area:4411,Postal Code:33139,Street Name:Pennsylvania Ave,Coordinates:1:25.7781689,Photos Count:33,Building Name:ROYAL SOUTH BEACH CONDO,Days On Market:23,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:42,M L S Area Major:Royal South Beach Condo,On Market Date:2024-09-22,Parcel Number:02-42-03-270-0330,Property Type:Residential Income,Rent Includes:1:Hot Water,2:Gardener,3:Trash Collection,4:Water,Stories Total:3,Street Number:763,Association Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks:Live, work & enjoy South Beach?s perks with this offer of a **13-units package** of fully-furnished studios in the Royal Condo-Hotel. Best South Beach location, steps to the beach, Lincoln Road & Espa?ola Way. Hotel/Condo/Building is 3 stories-high (42 units total). We are offering 13-UNITS as a TURNKEY INVESTMENT for your rental PORTFOLIO. Units and Kitchenettes fully equipped. Legally approved for short-term/long-term rentals. Owner may reside as well. 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 13-unit package (total 4,411 sq. ft. for all units). Inventory of units & Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. An AirB&B Cash Cow.,Structure Type:1:Fourplex,Association Fee:836,County Or Parish:Miami-Dade County,List Office Name:Best of Luxury Realty Corp.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6116,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:E,Subdivision Name:ROYAL SOUTH BEACH CONDO,ROYAL CONDO HOTEL,Tax Annual Amount:3122,Unparsed Address:763 E Pennsylvania Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:4411,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:641.5779,Original List Price:2830000,Public Survey Range:42,Architectural Style:1:Old Spanish,I D X Participation Y N:1,Number Of Units Total:13,Syndication Remarks:Live, work & enjoy South Beach?s perks with this offer of a **13-units package** of fully-furnished studios in the Royal Condo-Hotel. Best South Beach location, steps to the beach, Lincoln Road & Espa?ola Way. Hotel/Condo/Building is 3 stories-high (42 units total). We are offering 13-UNITS as a TURNKEY INVESTMENT for your rental PORTFOLIO. Units and Kitchenettes fully equipped. Legally approved for short-term/long-term rentals. Owner may reside as well. 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 13-unit package (total 4,411 sq. ft. for all units). Inventory of units & Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. An AirB&B Cash Cow.,Listing Contract Date:2024-09-22,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Appointment Only,Street Number Numeric:763,Tax Legal Description:ROYAL SOUTH BEACH CONDO UNIT 117 UNDIV 466/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692 COC 26462-3678 06 2008 5,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:4411,Association Fee Frequency:Monthly,M I A M I R E_ Internet Remarks:Paquete de 13 unidades. Condo-Hotel, South Beach. Aprobado para rentas a corto y largo plazo. Excelente oportunidad de negocio e inventario de rentas.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-09-22,Internet Address Display Y N:1,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:641.58,