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Home Florida Miami Condominiums Miami Beach Royal South Beach Condo #33-Units in Royal SB Condo Hotel

Apartments Royal South Beach Condo

$ 7,590,000
  • 33 bed
  • 33 bath
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Details
    • Listed on:
      June 22, 2025
    • Days on Market:
      16
    • Maintenance:
      n/a
    • Taxes:
      $ 80,940 per year
    • Year:
      1936
    • Furniture:
      -
    • Floor Description:
      Other
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Other View
    • Parking:
      -
  • Interior Features:
    • Elevator
  • Legal Description:
    200 east palmetto park condo unit ph -1
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.
Map view