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Key Facts

Type 
Levels Business Opportunity
Size -
Garage No
Maintenance Fees 
Taxes $80,940
Days Active 41
Approx. Age 1936
MLS® Number A11811796

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Redevelopment Opportunity when you own control of this Condominium-Hotel (Royal South Beach), with beach access just two blocks away. The offer is to acquire 33 out of 42-total individual units (combined 10, 083 square feet), with the potential to also acquire all commercial spaces located on ground level and fully operational (approximately an additional 7, 890 square feet). Property licensed for “nightly-rentals” that can be self-managed or rented through existing hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). All units are fully furnished with equipped kitchenettes. Building passed 40-Yr Recertification, and it is pending the 50-Yr recertification. Review MLS attachments and broker remarks for additional information.Show Description
MLS® NumberA11811796
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1936
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatWall/Window Units
A/CWall/Window Unit(s)
Heating Fuel

Extras

Furniture/Fixtures, Business; Building And Land

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