This offer is for 34 out of 42 studio-apartments and 4 commercial/retail spaces on the street-level (currently generating $216K NET/Year). The acquisition of the remaining 8 studio-apartments can be negotiated directly with those individual owners to own 100% of the building (Royal South Beach Hotel). All studios are turn-key, fully furnished and equipped. HOA fee includes utilities, insurances, 24/7 Front Desk service. Building was renovated in the year 2000 including new plumbing, elevator, hallways, electrical, and A/C systems to common areas. Ideal opportunity for owner-operator, hotel operators, land developers or to enhance your short-term rental portfolio. No Rental Restrictions for this Building as it is located in the Hotel District. Please review all MLS Attachments.
Property Details
Price:
$11,900,000
MLS #:
A11831146
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Hotel/Motel
Listed Date:
Jul 2, 2025
Total Sq Ft:
30,000
Year Built:
1936
See this Listing
Schools
Interior
Exterior
Open Parking YN
1
Parking Features
Off Site, On Street
Stories
3
Financial
Taxes
$4,951
Map
Community
- Address760 Washington Ave # 2 Miami Beach FL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Market Summary
Current real estate data for Commercial in Miami Beach as of Apr 21, 2026
129
Commercial Listed
190
Avg DOM
$3,529,476
Avg List Price
Property Summary
- 760 Washington Ave # 2 Miami Beach FL is a Commercial for sale in Miami Beach, FL, 33139. It is listed for $11,900,000
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