Condo in 763 Pennsylvania Avenue 103, Miami Beach, FL 33139 for sale with MLS# A12044308
Studio in a vintage condo-hotel called Royal South Beach. Unit comes fully furnished. No Rental Restrictions. Approved for Nightly Rentals that can be self-managed or through the Hotel Rental Program. You may also rent the unit for longer terms. HOA fee covers all utilities, insurances, cable, and concierge services. Lobby entrance is on Pennsylvania Ave & 8th Street, and the building sits on a corner-lot facing Washington Ave. Elevator on premises to access the 2nd and 3rd floors and the private sundeck. The ground level features a restaurant, bar and convenience store. This property is in central South Beach's entertainment district, very walkable to local restaurants, bars, and beach access on Ocean Drive. This is an ideal property to be used as a seasonal vacation home or income-producing via AirBnB. *** In addition to this listing, I have an additional 17 units for sale in this building, all from the same owner. Buy all units for $3.5M OBO. *** Building is 40-Yr Certified and in the process of completing the 50-Yr Recertification. Don't miss this great opportunity to enhance your rental portfolio from a Motivated Seller. No conventional financing is Available. Must purchase cash or through private lending. Call Listing Agent for any questions. See attachments available in the MLS. Easy to show by gaining access through the front desk attendant.
763 Pennsylvania Avenue 103, Miami Beach, FL 33139
- Price:
- $194,500.00
- Original List Price:
- $200,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $720.37
- More Listings Same Building:
- Royal South Beach in 763 Pennsylvania Ave Miami Beach
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- October 22, 2026 8:10 am
- Other Special Conditions:
- Sold As-is
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Living Area:
- 270 Sqft
- Built-Up Area:
- 270 Sqft
- View from the Property:
- Other
- Waterfront:
- No
- Security:
- Security System, Lobby - Attended
- Appliances:
- Microwave, Refrigerator, Electric Range
- Interior:
- Elevator
- Patio and Porch:
- Deck
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Window/wall
- Unit Description:
- Studio
- Year Built:
- 1936
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Number of stories:
- 3
- Number of Units in the Community or Building:
- 43
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $2,500.00
- Tax Year:
- 2025
- Association Fee:
- $836.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Association
- Application Information:
- 3-4 Weeks Approval
- Association Type:
- Homeowner Association
- Lease Number Times per Year Allowed:
- 360
- Amenities Provided by the Homeowner's Association (HOA):
- Trash Chute, Laundry, Other, Maintenance, Elevator(s)
- Subdivision Name:
- ROYAL SOUTH BEACH CONDO
- Senior Community:
- Yes
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease, Okay To Lease During First Year, Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Other
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- ROYAL SOUTH BEACH CONDO UNIT 103 UNDIV 270/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692 COC 24514-3266 03 2006 1
- Real Estate Folio Number (Parcel Number):
- 0242032700050
- Elementary School:
- Lecanto Primary School
- High School:
- Miami Beach
- Middle Or Junior School:
- Miami Beach Nautilus
- Active on the market since:
- June 27, 2026
- Listing Agreement executed on:
- June 27, 2026
- Price change occurred on:
- October 22, 2026 8:10 am
- Listing Status Last Changed On:
- June 27, 2026 4:00 am
- Photos updated on:
- October 23, 2026 4:51 am
- Last Modified:
- October 31, 2026 12:47 pm
- Courtesy of:
- Best of Luxury Realty Corp.
- Attribution:
- Not provided
- Floor Number:
- 2
- Street Name:
- Pennsylvania
- Street Number:
- 763
- Unit Number:
- 103
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 41.4''
- Longitude:
- W81° 51' 58.8''
- Street Suffix:
- Avenue

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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