Apartments Royal South Beach Condo

$ 7,490,000
  • 33 bed
  • 33 bath
Interested in this listing?
We will connect you with an agent in a short time
Details
    • Listed on:
      June 22, 2025
    • Days on Market:
      229
    • 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
Great opportunity for owner-operator, land developer, or hotel operator. This offer is 34 units, from the total of 42 units in this building (Royal South Beach Hotel). I also have the 4 commercial spaces on ground level facing Washington Ave (under a separate listing for $3.8M). Take it all for $11.5M. Building licensed for nightly rentals with no restrictions. All units furnished with full bathrooms and kitchenettes. The HOA fee per unit includes 24/7 front desk service, insurances, utilities, etc. Building passed the 40-Yr Recertification. Review MLS attachments and broker remarks for additional information. A great way to increase your AirB&B and short-term rental portfolio.
Map view