Royal South Beach, 763 E Pennsylvania Ave Miami Beach, 33139

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.