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763 Pennsylvania Ave 103, Miami Beach, FL
Offering:
For Sale
Location:
Miami Beach, FL 33139
Subdivision:
ROYAL SOUTH BEACH CONDO
Status:
Active
$195,000
Details
Year built:
1936
Style:
None
Days on market:
13
Cumulative days on market:
325
Association fee:
$836 / Monthly
Annual tax (2025):
$2,500
Type:
Condominium
MLS ID
A12044308
Virtual tour:
Listed by:
Best of Luxury Realty Corp. (BLRC01)
Listing office phone:
Listing office email:
Listing agent:
Dennys Gonzalez (3210080)
Features
Schools
Elementary:
South Pointe
Middle / junior:
Nautilus
High:
Miami Beach
School assignments come from the MLS feed and can change. Verify with the district before relying on them.
Association
Amenities:
Elevators, Laundry, Other, Trash
Fee includes:
Amenities
Pets
Allowed:
no
Description
Offering this 270 sq. ft. Condo-Studio with no Rental Restrictions. A perfect vacation home, or income-producing property with approved nightly-rentals that can be self-managed. Optional Hotel Rental Program is available. HOA fee is $836 monthly, inclusive of all utilities, insurances and 24/7 front desk concierge services. Property is in the Royal South Beach Condo-Hotel. Main entrance at Pennsylvania Ave & 8th Street (west), facing Washington Ave (east side). Property built in 1936 with 42 residential units (4 1bed/1bath & 38 studios), and 4 ground-level commercial/retail spaces operating as a restaurant-bar and convenience store. Elevator to access 2nd and 3rd floors (residential units), and a private sundeck on second floor. This is a spectacular location, at the heart of South Beach's entertainment and hotel district within a short walk to publicly accessed beaches along renowned Ocean Drive. This offering is for Unit # 103, on the second floor, priced at $200,000. However, I am offering an additional 17 units as an 18-unit package deal for $3.6M. Additionally, I am offering the 4 commercial spaces on ground-level at an additional $2.8M. There is flexibility to purchase this single unit, a batch of several units, or the entire package comprised of 18 condo units and the 4 commercial spaces (all fully rented). The building passed its 40-Yr Recertification. The 50-Yr Recertification process is pending with the engineering report and cost estimate already in place.
Price history
$200,000 → $195,000
·
Reduced by
$5,000 (2.5%) · 2 price changes
Location
763 Pennsylvania Ave 103Miami Beach, FL 33139
MLS information
Last updated Jul 10, 2026
Deemed reliable but not guaranteed.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
