Robert T Fournier - 786-286-6960
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Exceptional investment to enhance your short/long rental portfolio. Live, work & enjoy South Beach’s perks from this fully-furnished studio in the Royal Condo-Hotel. Kitchenette fully equipped. Building approved for short-term/long-term rentals. Owner may also reside. Rents can be self-managed or through Hotel Program (details in attachments). Utilities & Concierge services, elevator, included in HOA Fee (24-Hr Front Desk). Property sold individual or as part of a 13-units package in the same building (total 4,411 sq. ft. for all units). Inventory of units and Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. Prime South Beach location steps to the beach, Lincoln Road, Ocean Drive, and Española Way. Building is 3 stories high with 42 units total. No Pets.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 432 TILFORD T #432 | 432 | $90,000 | 1/1 | 585 | 54 | $552 | |
| 642 Michigan Ave #14 | 14 | $149,000 | 0/1 | 285 | 26 | $604 | |
| 1400 Pennsylvania Ave #16 | 16 | $175,000 | 0/1 | 435 | 40 | $482 | |
| 763 Pennsylvania Ave #101 | 101 | $175,000 | 0/1 | 305 | 28 | $935 | |
| 0 #8 | 8 | $180,000 | 0/1 | 300 | 28 | $1,114 | |
| 900 Jefferson Ave #2 | 2 | $185,000 | 0/1 | 440 | 41 | $678 | |
| 1228 Pennsylvania Ave #3 | 3 | $185,000 | 0/1 | 400 | 37 | $320 | |
| 1228 Pennsylvania Ave #2 | 2 | $185,000 | 0/1 | 400 | 37 | $320 | |
| 763 Pennsylvania Ave #116 | 116 | $189,000 | 0/1 | 270 | 25 | $758 | |
| 900 Jefferson Ave #6 | 6 | $195,000 | 0/1 | 400 | 37 | $680 | |
| 900 Euclid Ave #6 | 6 | $200,000 | 0/1 | 392 | 36 | $391 | |
| 631 Jefferson Ave #302 | 302 | $200,000 | 0/1 | 500 | 46 | $606 | |
| 763 Pennsylvania Ave #120 | 120 | $200,000 | 0/1 | 245 | 23 | $758 | |
| 2318 S Cypress Bend Dr #125 | 125 | $205,000 | 10.81% | 2/2 | 1,000 | 93 | $569 |
| 763 Pennsylvania Ave #206 | 206 | $209,000 | 0/1 | 270 | 25 | $836 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 442 | 04/01/2025 | $234,000 | $238,000 | 0 | 1 | 540 | 3 months |
| 406 | 03/31/2025 | $252,500 | $271,000 | 1 | 1 | 590 | 7 months |
| 303 | 03/21/2025 | $602,500 | $599,000 | 1 | 1 | 760 | 4 months |
| 8 | 03/19/2025 | $240,000 | $249,000 | 1 | 1 | 563 | 5 months |
| 6 | 03/14/2025 | $115,000 | $145,000 | 0 | 1 | 400 | 2 months |
| 1207 | 03/13/2025 | $3,500,000 | $3,800,000 | 2 | 2 | 1,443 | 11 months |
| 4 | 02/13/2025 | $328,000 | $380,000 | 2 | 1 | 870 | 6 months |
| 2J | 02/07/2025 | $335,000 | $355,000 | 1 | 1 | 792 | 3 months |
| 18 | 01/10/2025 | $139,000 | $150,000 | 0 | 1 | 300 | 1 month |
| 3 | 01/10/2025 | $405,000 | $439,000 | 1 | 1 | 780 | 2 months |
| 1119 | 12/27/2024 | $360,000 | $399,000 | 0 | 1 | 404 | 2 months |
| 1032 | 12/17/2024 | $1,150,000 | $1,300,000 | 2 | 2 | 1,380 | 2 months |
| 924 | 12/12/2024 | $260,000 | $265,000 | 0 | 1 | 540 | 3 months |
| TH2 | 12/12/2024 | $1,600,000 | $1,699,000 | 3 | 3 | 1,597 | 3 months |
| 304 | 12/09/2024 | $520,000 | $539,000 | 1 | 1 | 745 | 3 months |
| 2006 | 12/06/2024 | $1,600,000 | $1,675,000 | 2 | 2 | 1,452 | 10 months |
| 2D | 12/05/2024 | $345,000 | $369,000 | 1 | 1 | 700 | 2 months |
| 824 | 12/02/2024 | $260,000 | $275,000 | 0 | 1 | 540 | 3 months |
| 306 | 11/27/2024 | $300,000 | $329,000 | 2 | 2 | 760 | 1 month |
| 4402 | 11/26/2024 | $8,712,500 | $9,250,000 | 3 | 3 | 2,930 | 7 months |
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