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Unit 33-Units
+8 more
$7.5M

Royal Sb Condo Hotel Unit 33-Units

at Royal Sb Condo Hotel

Beds
33
Baths
33
Living Area
270 SF
Price / SF
$27,741
HOA / Monthly
$31,204
Days on Market
229

About This Unit

Great opportunity for owner-operator, land developer, or hotel operator. This offer is 34 units, from the total of 42 units in this building (Royal South Beach Hotel). I also have the 4 commercial spaces on ground level facing Washington Ave (under a separate listing for $3.8M). Take it all for $11.5M. Building licensed for nightly rentals with no restrictions. All units furnished with full bathrooms and kitchenettes. The HOA fee per unit includes 24/7 front desk service, insurances, utilities, etc. Building passed the 40-Yr Recertification. Review MLS attachments and broker remarks for additional information. A great way to increase your AirB&B and short-term rental portfolio.

Pricing at Royal Sb Condo Hotel — $27,741/sqft
Royal Sb Condo Hotel Unit 33-Units is listed at $27,741/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Royal Sb Condo Hotel.
Time on Market — 229 days
Royal Sb Condo Hotel Unit 33-Units has been on the market for 229 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $7,590,000. Reduced to $7,490,000 on Jan 26, 2026 (after 218 days on market) — -1.3% (−$100,000).
Estimated Monthly Cost
Mortgage (P&I)
$40,673
HOA
$31,204
Property Tax
$6,745
Total / mo
$78,622
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.08%. HOA $115.57/sqft · All-in $291.19/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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That's (305) 337-4259 • Available 7 days a week
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1936 (90 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 33-Units
Year Built: 1936
Stories: 3
City: Miami Beach
Postal Code: 33139
HOA Fee: $31,204 / Monthly
View: Other View
Waterfront: No
Private Pool: No
Heating: Window/Wall
Cooling: Wall/Window Unit(s)
Days on Market: 229
Listed: June 22, 2025
MLS #: A11826748

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Best of Luxury Realty Corp.
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11826748 • Updated Feb 6, 2026 • Photos uploaded 310 days ago — check listing for current condition.