For Residential Income For Sale

763 Pennsylvania Ave, Miami Beach, Florida 33139

Price: $2830000

Property Description


***13-UNITS*** TURNKEY INVESTMENT to enhance your short/long rental PORTFOLIO. Best South Beach location, steps to the beach, Lincoln Road & Española Way. Building is 3 stories-high with 42 units total. Live, work & enjoy South Beach’s perks with this offer of a **13-units package** of fully-furnished studios in the Royal Condo-Hotel. Kitchenettes are fully equipped. Building approved for short-term/long-term rentals or owner may reside in. Rents are self-managed or through Hotel Program (see attachments). Utilities & Concierge (24-Hr Front Desk) included in HOA Fee. Properties sold individually or as a 13-unit package (total 4,411 sq. ft. for all units). Inventory of units and Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. AirB&B Cash Cow.

  • Property Type House
  • Property ID #A11663865
  • Price $2830000
  • Year Built 1936
  • Contract type Residential Income For Sale
  • Agent Dennys Gonzalez
  • Home Area --- sqft
  • Rooms ---
  • Bedrooms ---
  • Bathrooms ---
  • Sewer ---
  • RoomType ---
  • Price $ 289.0/mounth
  • Year Built 2019
  • Contract type Rent
  • Agent Ashton Kutcher
  • Home Area 1200 sqft
  • Rooms 9
  • Bedrooms 4
  • Bathrooms 3
  • Garages 2
  • Parking lots 2

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