Hotel/Motel in 760 Washington Ave CU-2 Miami Beach for sale with MLS# A11831146

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.

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Days on the market

760 Washington Ave CU-2, Miami Beach, FL 33139

Price
Price:
$11,900,000.00
Previous Asking Price:
$12,000,000.00
Original List Price:
$12,000,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Hotel Motel
MLS Number:
A11831146
Description of Last Important Update:
Price Change
Last Major Update on:
January 25, 2026 10:07 pm
Measures
Built-Up Area:
0.69 Acre
Lot Area:
12,000 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Construction
Year Built:
1936
Year Built Details:
Resale
Number of Buildings:
1
Number of Units Total:
46
Architectural Style:
Detached
Structure Type:
Hotel Motel
Stories:
3
Taxes and Expenses
Tax Annual Amount:
$4,951.00
Parking
Covered Spaces:
0
Parking Features:
On Street
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
ROYAL SOUTH BEACH CONDO UNIT CU-2 UNDIV 638/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692
Real Estate Folio Number (Parcel Number):
02-42-03-270-0440
Zoning Description:
6400
Listing History
Originally published on:
July 2, 2025 2:05 am
Active on the market since:
July 2, 2025
Listing Agreement executed on:
July 2, 2025
Price change occurred on:
January 25, 2026 10:07 pm
Listing Status Last Changed On:
July 2, 2025 2:05 am
Photos updated on:
January 26, 2026 3:19 am
Last Modified:
February 6, 2026 6:27 am
Additional Information
Flood Zone:
AE
Subdivision Number:
270
Property Description:
Condo-Hotel
Courtesy of:
Best of Luxury Realty Corp.
Attribution:
Not provided
Location
Street Name:
Washington Ave
Street Number:
760
Unit Number:
CU-2
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 41.4''
Longitude:
W81° 51' 58.8''
Street Direction Prefix:
E
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.