Fourplex (Quadruplex) For Sale 763 E Pennsylvania Ave, Miami Beach, FL 33139
763 E Pennsylvania Ave, Miami Beach, FL 33139
Property Description: For sale is a portfolio of 13 fully-furnished studios at the Royal South Beach Condo/Hotel. Best South Beach location, steps to the beach, Lincoln Road & Española Way. The building is 3 stories-high with a total of 42 units and has already received its 40-Yr recertification. Units and Kitchenettes are fully equipped and legally approved for short-term/long-term rentals that may be self-managed or added to the Hotel Program (see attachments). All utilities & Concierge (24-Hr Front Desk) are included in HOA Monthly Fee. These properties can be sold individually or as the 13-unit portfolio, which totals 4,411 sq. ft. Inventory of units & Condo-Docs is included in the listing attachments. This is an AirB&B Cash Cow.
Residential Income (Multifamily 2-4) Fourplex (Quadruplex) For Sale located at 763 E Pennsylvania Ave Miami Beach FL 33139 in Miami-Dade referenced as ID MLS # A11663865. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.
Useful Info
Lease Details
- Hot Water
- Trash Collection
- Water
- Gardener
- Electricity
Land Lot (Parcel) Details
- < 1/4 Acre
Construction
- Resale
Style:
- Fourplex
- Block
- Other
- Marble
- Ceramic Tile
Property Features
- Patio
- Patio
- Concrete
- Central Air
Taxes and Expenses
Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.
- Monthly
Terms
- Inventory
- Cash
- Conventional
- Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
- Other
- Call Agent
- Close Of Escrow
Community
Parking
Utilities
- Public Sewer
- Cable Available
More Details
Tax InformationTax Reflects No Exemptions
Flood ZoneAE
Type of AssociationCondo
StyleFourplex
FEMA Flood Zone DesignationsAE
Municipal Code2
Ref1088203452
Subdivision Number270
Zoning and Legal
Listing History
| Update/Event | Date/Days |
| Published Date: | September 23, 2024 9:51 am |
| On Market Date: | September 22, 2024 |
| Price Change Date Time: | November 13, 2024 12:32 pm |
| Last Important Update Description: | Price Change |
| Date and Time of Last Important Update: | November 13, 2024 12:32 pm |
| Status Last Changed: | September 23, 2024 9:51 am |
| Photos Last Modified: | September 23, 2024 2:01 pm |
| Last Modified: | November 13, 2024 5:32 pm |
| Days on the Market Reference Date: | November 13, 2024 |
| Days on the Market (updated on Last Modified*): | 52 |
| Cumulative Days on the Market (updated on Last Modified**): | 52 |
