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$7,490,000

Miami Beach, FL 33139

Star Island

33

Bedrooms

33

Bathrooms

270

Sq Ft

1936

Year Built

About This Property

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.

Property Details

Property Type Residential
Status Active
Days on Market 229
MLS # 3d10df69a80a984c05859ba0c0b07892