For sale is a portfolio of 13 fully-furnished studios at the Royal South Beach Condo/Hotel. Best South Beach location, steps to the beach, Lincoln Road & Española Way. The building is 3 stories-high with a total of 42 units and has already received its 40-Yr recertification. Units and Kitchenettes are fully equipped and legally approved for short-term/long-term rentals that may be self-managed or added to the Hotel Program (see attachments). All utilities & Concierge (24-Hr Front Desk) are included in HOA Monthly Fee. These properties can be sold individually or as the 13-unit portfolio, which totals 4,411 sq. ft. Inventory of units & Condo-Docs is included in the listing attachments. This is an AirB&B Cash Cow.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school0.46 miles
Public District Grades PK-5
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school0.57 miles
Public District Grades PK-5
8
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school2.51 miles
Public District Grades PK-5
Nearby Schools
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.55 miles
Public District Grades 6-8
10
/10
Ada Merritt K-8 Center
660 SW 3rd St
Distance between this listing and this school4.48 miles
Public Magnet Grades PK-8
9
/10
Lincoln-Marti Charter School Little Havana Campus
970 W Flagler St # 984
Distance between this listing and this school4.77 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.50 miles
Public District Grades 9-12
10
/10
Mast Academy
3979 Rickenbacker Cswy
Distance between this listing and this school3.40 miles
Public Magnet Grades 6-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd Ste 129
Distance between this listing and this school3.57 miles
The neighbors living near this home have an average income of $24,341. Most Miami Beach, FL residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
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This home is located at 763 E Pennsylvania Ave in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 4,411 square foot home was built in 1936. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $2,800,000.
While more than 2 listings in Miami Beach, FL in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 65 were sold below. The inventory of homes for sale in Miami Beach, FL between October 2024 and November 2024 increased by 14.3%. In November 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $617,500.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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