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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.
| DAYS ON MARKET | 46 | LAST UPDATED | 6/22/2025 |
|---|---|---|---|
| TRACT | ROYAL SOUTH BEACH CONDO | YEAR BUILT | 1936 |
| COMMUNITY | 42 | COUNTY | Miami-Dade |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance |
| APPLIANCES | Refrigerator |
| AREA | 42 |
| CONSTRUCTION | BLOCK |
| HEAT | Wall Furnace |
| HOA DUES | 31204 |
| INTERIOR | Bar, Elevator |
| LOT | 0 |
| PARKING | On Street |
| STORIES | 3 |
| STYLE | HighRise |
| SUBDIVISION | ROYAL SOUTH BEACH CONDO |
| TAXES | 80940 |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Best of Luxury Realty Corp.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.
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