Royal South Beach Condo Homes with Ok To Lease Restrictions

Royal South Beach Condo Homes with Ok To Lease Restrictions

**Welcome to Royal South Beach Condo: Your Slice of Paradise in Miami Beach**

Nestled in the vibrant heart of Miami Beach, the Royal South Beach Condo offers an unparalleled living experience that perfectly balances luxury and convenience. This stunning subdivision is ideally situated just steps away from the sun-kissed shores of the Atlantic Ocean, allowing residents to enjoy the beach lifestyle to the fullest. With its prime location in Miami-Dade County, you'll find yourself surrounded by the eclectic charm of South Beach, renowned for its trendy boutiques, world-class dining, and lively nightlife.

The Royal South Beach Condo features a collection of beautifully designed residences, each thoughtfully crafted to provide a serene sanctuary amidst the bustling city. Spacious layouts with modern finishes, large windows that invite natural light, and private balconies offer breathtaking views of the ocean and the vibrant cityscape. Here, every day feels like a vacation.

One of the standout features of the Royal South Beach Condo is its “Ok To Lease” policy, allowing homeowners the flexibility to rent their units. This is an attractive option for those looking to invest in a property that can generate rental income, whether for short-term vacationers or long-term residents.

In addition to its prime location and investment potential, residents enjoy a range of amenities, including a sparkling swimming pool, a state-of-the-art fitness center, and secure parking. Whether you’re looking for a permanent residence or a seasonal getaway, Royal South Beach Condo offers the perfect blend of luxury, lifestyle, and opportunity. Come experience the magic of Miami Beach living!

Newest Royal South Beach Condo Homes with Ok To Lease Restrictions

$195,000
1 Baths A12044308 MLS 33139 Zip Code Royal South Beach Condo BLDG.
Offering this 270 sq. ft. Condo-Studio with no Rental Restrictions. A perfect vacation home, or income-producing property with approved nightly-rentals that can be self-managed. Optional Hotel Rental Program is available. HOA fee is $836 monthly, inclusive of all utilities, insurances and 24/7 front desk concierge services. Property is in the Royal South Beach Condo-Hotel. Main entrance at Pennsylvania Ave & 8th Street (west), facing Washington Ave (east side). Property built in 1936 with 42 residential units (4 1bed/1bath & 38 studios), and 4 ground-level commercial/retail spaces operating as a restaurant-bar and convenience store. Elevator to access 2nd and 3rd floors (residential units), and a private sundeck on second floor. This is a spectacular location, at the heart of South Beach's entertainment and hotel district within a short walk to publicly accessed beaches along renowned Ocean Drive. This offering is for Unit # 103, on the second floor, priced at $200,000. However, I am offering an additional 17 units as an 18-unit package deal for $3.6M. Additionally, I am offering the 4 commercial spaces on ground-level at an additional $2.8M. There is flexibility to purchase this single unit, a batch of several units, or the entire package comprised of 18 condo units and the 4 commercial spaces (all fully rented). The building passed its 40-Yr Recertification. The 50-Yr Recertification process is pending with the engineering report and cost estimate already in place.

763 Pennsylvania Ave Unit #103, Miami Beach

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