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.
For sale
Price cut: $100K (1/26)
$7,490,000
Miami Beach, FL 33139
33beds
270sqft
Est.:
Condominium
Built in 1936
-- sqft lot
$-- Zestimate®
$27,741/sqft
$31,204/mo HOA
What's special
Equipped kitchenettes
- 267 days |
- 110 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: February 05, 2026 at 10:29pm
Listed by:
Dennys Gonzalez 786-306-7965,
Best of Luxury Realty Corp.
Source: MIAMI,MLS#: A11826748
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 33
- Bathrooms: 33
- Full bathrooms: 33
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Refrigerator
Features
- Elevator
- Flooring: Other
Interior area
- Total structure area: 270
- Total interior livable area: 270 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio
- Has view: Yes
- View description: Other
Details
- Parcel number: 0242032700050
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 1936
Community & HOA
Community
- Security: Doorman, Elevator Secure, Lobby Secured
- Subdivision: Royal South Beach Condo,Royal Sb Condo Hotel
HOA
- Has HOA: Yes
- Amenities included: Bar, Courtesy Bus, Elevator(s)
- HOA fee: $31,204 monthly
- Application fee: $0
- Pet fee: $0
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $27,741/sqft
- Annual tax amount: $80,940
- Date on market: 6/22/2025
- Listing terms: All Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,623/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2026 | Price change | $7,490,000-1.3%$27,741/sqft |
Source:  MIAMI #A11826748 Report a problem | ||
| 6/22/2025 | Listed for sale | $7,590,000$28,111/sqft |
Source: MIAMI #A11826748 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$80,378/mo
Principal & interest
$37689
HOA Fees
$31204
Property taxes
$11485
More affordability tools
Climate risks
Neighborhood: Flamingo Lummus
Nearby schools
GreatSchools rating
- 9/10South Pointe Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.5 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.5 mi
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