Exceptional investment to enhance your short/long rental portfolio. Live, work & enjoy South Beachs perks from this fully-furnished studio in the Royal Condo-Hotel. Kitchenette fully equipped. Building approved for short-term/long-term rentals. Owner may also reside. Rents can be self-managed or through Hotel Program (details in attachments). Utilities & Concierge services, elevator, included in HOA Fee (24-Hr Front Desk). Property sold individual or as part of a 13-units package in the same building (total 4, 411 sq. ft. for all units). Inventory of units and Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. Prime South Beach location steps to the beach, Lincoln Road, Ocean Drive, and Espaola Way. Building is 3 stories high with 42 units total. No Pets.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- SecondFloorEntry
- Flooring: CeramicTile
Garage and Parking
- Parking Features: OnStreet
Homeowners Association
- Association: Yes
- Association Fee: 836
- Association Fee Frequency: Monthly
- Association Fee Includes: Amenities
- Calculated Total Monthly Association Fees: 836
- Pets Allowed: No
Rental Info
Other Property Info
- Annual Tax Amount: 2280
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2023
- Ownership: Corporation
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: ROYAL SOUTH BEACH CONDO
- Parcel Number: 02-42-03-270-0110
- Postal City: Miami Beach
- Postal Code Plus 4: 6116
- Subdivision: ROYAL SOUTH BEACH CONDO
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 270
- Year Built: 1936
- Building Area Total: 270
- Construction Materials: Block
- Direction Faces: East
- Entry Level: 2
- Entry Location: 2
- Property Age: 89
- Property Attached: Yes
- Building Total Stories: 3
- Year Built Details: Condo-Hotel
Utilities
Home Features
- Security Features: ElevatorSecured