760 E Washington Ave CU-2, Miami Beach, FL 33139
sale
$12,000,000
|
Hotel-Motel
Courtesy Of Best of Luxury Realty
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.
Read More About This Property
Read Less About This Property
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.
Virtual Tour
Property 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
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$14,960,000
Hotel-Motel
7310 Harding Ave
Miami Beach, FL 33141
Courtesy Of Douglas Elliman
sale
$10,000,000
Single Family Attached
2130 Bay Dr
Miami Beach, FL 33141
Land: 0.41 Acres
Courtesy Of Beachfront Realty, Inc
sale
$9,500,000
Other
1527 Washington Ave
Miami Beach, FL 33139
Land: 0.2 Acres
Courtesy Of Brickell Investment Realty
sale
$9,500,000
Business
1527 Washington Ave
Miami Beach, FL 33139
Courtesy Of Brickell Investment Realty