Condo in 763 Pennsylvania Avenue 103, Miami Beach, FL 33139 for sale with MLS# A12044308
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.
763 Pennsylvania Avenue 103, Miami Beach, FL 33139
- Price:
- $195,000.00
- Original List Price:
- $200,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $722.22
- 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:
- July 10, 2026 5:10 pm
- 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:
- Marjory Stoneman Douglas
- 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:
- July 10, 2026 5:10 pm
- Listing Status Last Changed On:
- June 27, 2026 4:00 am
- Photos updated on:
- July 10, 2026 4:11 pm
- Last Modified:
- July 10, 2026 4:11 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
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 763 Pennsylvania Avenue 103, Miami Beach, FL 33139
