Single Family Home OCEAN BEACH ADDN NO 3

$ 2,900,000
  • 12 bed
  • 11 bath
  • 7,000 ft2 (651 m2)
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Details
    • Listed on:
      November 20, 2025
    • Days on Market:
      18
    • Maintenance:
      n/a
    • Taxes:
      $ 63,784 per year
    • Year:
      1930
    • Furniture:
      -
    • Floor Description:
      Wood
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      None
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • Family Room
    • Florida Room
    • Separate Guest/In-Law Quarters
  • Exterior Features:
    • None
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Located in the heart of South Beach’s Art Deco District, this RM-1–zoned former boutique hotel offers rare flexibility. The property features a spacious 3-bed/3-bath private villa plus four 1-bed/1-bath poolside suites. The main villa can be reconverted into a single-family home, while the poolside suites offer potential for cabanas, guest rooms, or in-law quarters. Previously operated as an Airbnb (license inactive), the property remains a strong candidate for future short-term rentals with a buyer reapplying. Ideal as a private compound, multi-generational residence, or versatile investment. This is a bank owned property. Buyer must conduct their own due diligence.
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