763 E Pennsylvania Ave, Miami Beach, Florida 33139
MLS#: A11811796
$7,590,000 USD
Listed By Best of Luxury Realty Corp.
The Commercial Property for Sale located at Miami Beach, Florida 33139 is currently for sale. Miami Beach, Florida 33139 is listed for $7,590,000. If the property located at Miami Beach, Florida 33139 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Commercial Properties for Sale in Miami Beach .
Date Updated : Jun 22, 2025
Property features
Construction details
- Year built: 1936
Other features
- Cooling system: Wall Or Window Units
Description
Redevelopment Opportunity when you own control of this Condominium-Hotel (Royal South Beach), with beach access just two blocks away. The offer is to acquire 33 out of 42-total individual units (combined 10,083 square feet), with the potential to also acquire all commercial spaces located on ground level and fully operational (approximately an additional 7,890 square feet). Property licensed for “nightly-rentals” that can be self-managed or rented through existing hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). All units are fully furnished with equipped kitchenettes. Building passed 40-Yr Recertification, and it is pending the 50-Yr recertification. Review MLS attachments and broker remarks for additional information.
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.