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Redevelopment Opportunity when you own control of this Condominium-Hotel (Royal South Beach), with beach access just two blocks away. The offer is to acquire 33 out of 42-total individual units (combined 10,083 square feet), with the potential to also acquire all commercial spaces located on ground level and fully operational (approximately an additional 7,890 square feet). Property licensed for “nightly-rentals” that can be self-managed or rented through existing hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). All units are fully furnished with equipped kitchenettes. Building passed 40-Yr Recertification, and it is pending the 50-Yr recertification. Review MLS attachments and broker remarks for additional information.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 67 Harwood H #67 | 67 | $110,000 | 1/1 | 585 | 54 | $517 | |
| 642 Michigan Ave #4 | 4 | $125,000 | 0/1 | 285 | 26 | $605 | |
| 642 Michigan Ave #14 | 14 | $130,000 | 0/1 | 285 | 26 | $604 | |
| 642 Michigan Ave #24 | 24 | $140,000 | 0/1 | 285 | 26 | $605 | |
| 284 Prescott N #284 | 284 | $155,000 | 1/1 | 700 | 65 | $500 | |
| 763 Pennsylvania Ave #101 | 101 | $165,000 | 0/1 | 305 | 28 | $935 | |
| 900 Euclid Ave #22 | 22 | $175,000 | 0/1 | 386 | 36 | $398 | |
| 544 Michigan Ave #9 | 9 | $175,000 | 0/1 | 0 | 0 | $540 | |
| 0 #8 | 8 | $180,000 | 0/1 | 300 | 28 | $1,114 | |
| 900 Jefferson Ave #13 | 13 | $184,999 | 0/1 | 400 | 37 | $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 | |
| 900 Jefferson Ave #2 | 2 | $185,000 | 0/1 | 440 | 41 | $678 | |
| 1050 Pennsylvania Ave #12-A | 12-A | $185,000 | 0/1 | 380 | 35 | $453 | |
| 763 Pennsylvania Ave #116 | 116 | $187,000 | 0/1 | 270 | 25 | $863 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 2308 | 07/31/2025 | $1,380,000 | $1,453,500 | 1 | 1 | 731 | 2 months |
| 312 | 07/31/2025 | $249,000 | $249,000 | 1 | 1 | 600 | 4 months |
| 504 | 07/30/2025 | $315,000 | $325,000 | 1 | 1 | 748 | 2 months |
| 1 | 07/29/2025 | $330,000 | $350,000 | 1 | 1 | 770 | 3 months |
| 1201 | 07/29/2025 | $2,880,000 | $3,175,000 | 2 | 2 | 2,003 | 7 months |
| 1601 | 07/29/2025 | $12,750,000 | $13,650,000 | 3 | 4 | 3,497 | 3 months |
| 406 | 07/25/2025 | $307,000 | $315,000 | 1 | 1 | 576 | 2 months |
| 701 | 07/25/2025 | $410,000 | $425,000 | 1 | 1 | 665 | 5 months |
| 4 | 07/25/2025 | $197,500 | $198,000 | 0 | 1 | 420 | 4 weeks |
| 6 | 07/25/2025 | $197,500 | $225,000 | 0 | 1 | 420 | 4 weeks |
| 1803 | 07/24/2025 | $3,275,000 | $3,750,000 | 1 | 2 | 1,365 | 2 months |
| PH1 | 07/16/2025 | $6,300,000 | $6,595,000 | 3 | 3 | 3,143 | 6 months |
| 1902 | 07/16/2025 | $1,300,000 | $1,400,000 | 2 | 2 | 1,130 | 7 months |
| PH4702 | 07/15/2025 | $17,500,000 | $20,000,000 | 4 | 6 | 5,888 | 7 months |
| 4304 | 07/08/2025 | $3,890,000 | $4,100,000 | 2 | 2 | 1,434 | 3 months |
| 139 | 07/07/2025 | $445,000 | $445,000 | 1 | 1 | 410 | 3 months |
| 202 | 07/07/2025 | $395,000 | $399,000 | 1 | 1 | 781 | 1 month |
| 208 | 07/07/2025 | $230,000 | $244,000 | 1 | 1 | 600 | 1 month |
| 4D | 07/03/2025 | $290,000 | $305,000 | 1 | 1 | 630 | 1 month |
| 403 | 07/03/2025 | $250,000 | $288,000 | 1 | 1 | 742 | 1 month |
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