$11,900,000
760 Washington Ave # 2, Miami Beach FL 33139
Hotel/Motel
Built in 1936
12,000 Square Feet lot
219 days on market
About this property
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
Parking
- Parking features: Off Site, On Street
Exterior
- Waterfront: No
Interior
- Building Area Total: 30000
- Stories: 3
Location
- City: Miami Beach
- County: Miami-Dade County
- State: FL
- Zoning: 6400
Construction
- New Construction: No
Public Info
- Lot Size: 12,000 Square Feet
- Year Built: 1936
- APN: 02-42-03-270-0440
Tax Information
- Annual Tax Amount: $4,951
Price History
| 2/6/2026 |
Listed for Sale
Source: Miami REALTORS® |
$11,900,000 |
Walk Score
96
Walker's Paradise
81
Very Bikeable
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor