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 50 Good
🫁 PM2.5 50 Good

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