Miami Beach Hotel Units
760 Washington Ave CU-2, Miami Beach, FL 33139
- Added:
- Apr 24, 2026
- Days on Market:
- 30
- Last Refresh:
- Apr 24 at 3:43 pm
Property Features for 760 Washington Ave CU-2
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1936
Listing agent Dennys Gonzalez License #3210080 (786) 306-7965
Listing office Best of Luxury Realty (786) 306-7965
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Best of Luxury Realty
HighLights
- Income‑generating property: $216K NET/Year from 4 commercial/retail spaces.
- Opportunity to acquire 100% ownership of the building (Royal South Beach Hotel) by negotiating with individual owners of the remaining 8 studio‑apartments.
- Turn‑key, fully furnished and equipped studio apartments.
- No rental restrictions due to location in the Hotel District.
- HOA fee includes utilities, insurances, and 24/7 Front Desk service.
- Building renovated in 2000 with new plumbing, elevator, hallways, electrical, and A/C systems to common areas.
Overview
This offering includes 34 out of 42 studio-apartments and 4 commercial/retail spaces located on the street level. The commercial spaces currently generate a net income of $216,000 per year. There is an opportunity to negotiate the acquisition of the remaining 8 studio-apartments directly with their individual owners to achieve 100% ownership of the building, known as the Royal South Beach Hotel. All studios are turn-key, fully furnished, and equipped. The Homeowner Association (HOA) fee covers utilities, insurance, and 24/7 front desk service. The building underwent renovations in the year 2000, which included updates to the plumbing, elevator, hallways, electrical systems, and air conditioning systems in common areas. This property presents an ideal opportunity for owner-operators, hotel operators, and land developers, or to expand a short-term rental portfolio. There are no rental restrictions for this building, as it is situated in the Hotel District. The location is considered very bikeable with a bike score of 77, a walker's paradise with a walk score of 95, and has good transit with a transit score of 59.
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.133675
- Latitude
- 25.778166
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - 34 studio-apartments and 4 commercial spaces in Miami Beach.
Where is this hotel located?
The property is located at 760 Washington Ave CU-2 Miami Beach, FL.
What is the asking price?
The asking price for this property is $11,900,000.
What are key features of this property?
This property features: Income‑generating property: $216K NET/Year from 4 commercial/retail spaces.; Opportunity to acquire 100% ownership of the building (Royal South Beach Hotel) by negotiating with individual owners of the remaining 8 studio‑apartments.; Turn‑key, fully furnished and equipped studio apartments.
