760 Washington Ave #CU-2 ,Hotel Non-waterfront for Sale & Rent

760 Washington Ave #CU-2 for Sale & Rent

Price $11,900,000.00

• Lot size 30000
• Year Build 1936
• Waterfront
• Zip 33139
• Style
• Parking Description Off Site, On Street
• Pool Yes
• Status Active

Description

This offer is for 34 out of 42 studio-apartments and 4 commercial/retail spaces on the street-level (currently generating $216K NET/Year). The acquisition of the remaining 8 studio-apartments can be negotiated directly with those individual owners to own 100% of the building (Royal South Beach Hotel). All studios are turn-key, fully furnished and equipped. HOA fee includes utilities, insurances, 24/7 Front Desk service. Building was renovated in the year 2000 including new plumbing, elevator, hallways, electrical, and A/C systems to common areas. Ideal opportunity for owner-operator, hotel operators, land developers or to enhance your short-term rental portfolio. No Rental Restrictions for this Building as it is located in the Hotel District. Please review all MLS Attachments.

ROYAL SOUTH BEACH CONDO UNIT CU-2 UNDIV 638/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692

This offer is for 34 out of 42 studio-apartments and 4 commercial/retail spaces on the street-level (currently generating $216K NET/Year). The acquisition of the remaining 8 studio-apartments can be negotiated directly with those individual owners to own 100% of the building (Royal South Beach Hotel). All studios are turn-key, fully furnished and equipped. HOA fee includes utilities, insurances, 24/7 Front Desk service. Building was renovated in the year 2000 including new plumbing, elevator, hallways, electrical, and A/C systems to common areas. Ideal opportunity for owner-operator, hotel operators, land developers or to enhance your short-term rental portfolio. No Rental Restrictions for this Building as it is located in the Hotel District. Please review all MLS Attachments.

City:Miami Beach,Zoning:6400,List A O R:A-Miami Association of REALTORS,Stories:3,Latitude:25.7781805,List Price:11900000,Listing Id:A11831146,Longitude:-80.1335332,Mls Status:Active,Year Built:1936,Directions:Royal South Beach Condo-Hotel at 760 E Washington Avenue, Miami Beach *** Hotel Entrance Located at 763 Pennsylvania Ave *** *** Commercial Spaces all facing Washington Ave ***,Postal Code:33139,Street Name:Washington Ave,Unit Number:CU-2,Coordinates:1:25.7781805,Photos Count:27,Days On Market:219,Lot Size Units:Square Feet,M I A M I R E_ Area:42,On Market Date:2025-07-02,Parcel Number:02-42-03-270-0440,Property Type:Commercial Sale,Stories Total:3,Street Number:760,Open Parking Y N:1,Public Remarks:This offer is for 34 out of 42 studio-apartments and 4 commercial/retail spaces on the street-level (currently generating $216K NET/Year). The acquisition of the remaining 8 studio-apartments can be negotiated directly with those individual owners to own 100% of the building (Royal South Beach Hotel). All studios are turn-key, fully furnished and equipped. HOA fee includes utilities, insurances, 24/7 Front Desk service. Building was renovated in the year 2000 including new plumbing, elevator, hallways, electrical, and A/C systems to common areas. Ideal opportunity for owner-operator, hotel operators, land developers or to enhance your short-term rental portfolio. No Rental Restrictions for this Building as it is located in the Hotel District. Please review all MLS Attachments.,Structure Type:1:Free Standing,County Or Parish:Miami-Dade County,Expiration Date:2026-04-30,List Office Name:Best of Luxury Realty Corp.,Standard Status:Active,Living Area Units:Square Feet,M I A M I R E_ Last Use:Condo-Hotel and Commercial Spaces,Major Change Type:Price Decrease,Parking Features:1:On Street,Postal Code Plus4:6210,Property Sub Type:Hotel/Motel,State Or Province:FL,Tax Annual Amount:4951,Unparsed Address:760 Washington Ave # 2, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:30000,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:12000,M I A M I R E_ Flood Zone:AE,M I A M I R E_ For Sale Y N:1,M I A M I R E_ Num Floors:3,Number Of Buildings:1,Original List Price:12000000,Previous List Price:12000000,Public Survey Range:42,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,M I A M I R E_ Num Tenants:33,Syndication Remarks:This offer is for 34 out of 42 studio-apartments and 4 commercial/retail spaces on the street-level (currently generating $216K NET/Year). The acquisition of the remaining 8 studio-apartments can be negotiated directly with those individual owners to own 100% of the building (Royal South Beach Hotel). All studios are turn-key, fully furnished and equipped. HOA fee includes utilities, insurances, 24/7 Front Desk service. Building was renovated in the year 2000 including new plumbing, elevator, hallways, electrical, and A/C systems to common areas. Ideal opportunity for owner-operator, hotel operators, land developers or to enhance your short-term rental portfolio. No Rental Restrictions for this Building as it is located in the Hotel District. Please review all MLS Attachments.,Listing Contract Date:2025-07-02,Originating System I D:miamire,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:760,Tax Legal Description:ROYAL SOUTH BEACH CONDO UNIT CU-2 UNDIV 638/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692,M I A M I R E_ Current Price:11900000,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Ideal opportunity for hotel operators, developers or to enhance a short-term rental portfolio. No rental restrictions. 34 units + commercial spaces.,M I A M I R E_ Parcel Number M L X:0440,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.778162$-80.133671$276.29$13.33$1.00$CAoSF0NJSE0wb2dLRUlDQWdJRDQyOUt5bVFF,M I A M I R E_ Supplement Count:6,Contract Status Change Date:2025-07-02,Internet Address Display Y N:1,Number Of Units In Community:46,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:270,M I A M I R E_ Agent Alternate Phone:786-306-7965,M I A M I R E_ Property Description:Condo-Hotel,M I A M I R E_ Improvement Height C O M:3 Stories,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:760 Washington Ave CU-2,Internet Automated Valuation Display Y N:1,