763 Pennsylvania Ave #103, Miami Beach, FL 33139
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: dennys gonzalez
Office: best of luxury realty corp.305-407-1657
MLS#:A12044308
Source:SEFMLS
Price summary
- Price:$195,000
- Price per sq. ft.:$722.22
- Monthly HOA dues:$836
About this home
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....
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Home facts
- Year built:1936
- Subdivision & Development:ROYAL SOUTH BEACH CONDO
- Listing ID #:A12044308
- Updated:August 14, 2026 at 10:04 AM
Rooms and interior
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Ceramic Tile
- Kitchen Description:Electric Range, Microwave, Refrigerator
- Living area:270 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1936
- Building area:270 sq. ft.
- Construction Materials:Block
- Exterior Features:Deck
Schools
- High school:Miami Beach
- Middle school:Nautilus
- Elementary school:South Pointe
Finances and disclosures
- Price:$195,000
- Price per sq. ft.:$722.22
- Tax amount:$2,500 (2025)
Features and amenities
- Appliances:Electric Range, Microwave, Refrigerator
- Laundry features:Common Area, Laundry
- Amenities:Door Man, Elevator, Elevators, Laundry, Lobby Secured, Trash
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