760 E Washington Ave CU-2 Miami Beach, FL 33139
Hotel-Motel
MLS #: A11831146
Courtesy Of Best of Luxury Realty
Property InformationDescription
Condo-Hotel licensed for transient occupancy or nightly rental (AirBnB). No rental restrictions! The building has a total of 42 units (4 1bed/1bath and 38 studios). In addition, 4 ground level retail spaces facing busy Washington Avenue and generating $216K Yearly NET. This offer is for 33 of the 42 units and all the commercial spaces. The remaining 9 units can be negotiated for 100% acquisition of the building. Each unit is an individual folio #, fully furnished and equipped. HOA fee includes utilities, insurances, 24/7 Front Desk service. Building renovated in 2000 including new plumbing, elevator, hallways, electrical, and A/C systems to common areas. Please review all MLS Attachments. Ideal opportunity for hotel operators, developers or to enhance a short-term rental portfolio.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 46
- Legal Description: ROYAL SOUTH BEACH CONDO UNIT CU-2 UNDIV 638/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692
- MLSID: A11831146
VIDEOS AND TOURS
MAP & DIRECTIONS
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
