Miami Beach, FL 33139,760 E Washington Ave #CU-2
Miami Beach, FL 33139,760 E Washington Ave #CU-2
Miami Beach, FL 33139,760 E Washington Ave #CU-2
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$11,900,000
Est. payment /mo
30,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 30,000 sqft

Price per Sqft $396

MLS Listing ID A11831146

Style Detached

HOA Y/N No

Year Built 1936

Annual Tax Amount $4,951

Lot Size 0.275 Acres

Property Sub-Type Hotel/Motel

Property 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.

Location

State FL

County Miami-dade

Area 42

Direction 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 ***

Exterior

Private Pool Yes

Building

Story 3

Architectural Style Detached

Others

Tax ID 02-42-03-270-0440

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11831146


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Best of Luxury Realty Corp.

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 11
  • 10

    North Beach Elementary School

    Public | PK - 5

  • 8

    South Pointe Elementary School

    Public | PK - 5

  • 8

    Miami Children's Museum Charter School

    Public | PK - 5

  • 5

    Fienberg/Fisher K-8 Center

    Public | PK - 5

  • 0

    Fisher Island Day School

    Private | PK - 5

  • 0

    Temple Beth Shmuel Montessori

    Private | PK - KG

  • 0

    Rasg Hebrew Academy

    Private | PK - 12

  • 0

    St Patrick School

    Private | KG - 8

  • 0

    Casa Dei Bambini Montessori School

    Private | PK - 6

  • 0

    Mater Academy at Mount Sinai

    Public | KG - 4

  • 0

    Montessori Academy at St John's

    Private | PK - 2

Middle Schools 5
  • 10

    Mast Academy

    Public | 8 - 12

  • 4

    Nautilus Middle School

    Public | 6 - 8

  • 0

    Amikids Miami-Dade South

    Public | 6 - 12

  • 0

    Klurman Mesivta High School

    Private | 7 - 11

  • 0

    Mechina of South Florida

    Private | 7 - 12

High Schools 2
  • 4

    Miami Beach Senior High School

    Public | 9 - 12

  • 0

    Tree of Knowledge Learning Academy

    Private | 9 - 12

School and business data provided by Attom Data.

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James Glik

James Glik

+1(786) 344-3207

Agent | License ID: 3265723

Agent License ID: 3265723

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