$11,900,000
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Hotel/Motel, Commercial Sale
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.
This hotel/motel home located at 760 Washington Ave # 2, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 219 days. This property is listed at $12M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1936. 760 Washington Ave # 2, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.
