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763 Pennsylvania Avenue #103

Miami Beach, FL 33139
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Bed 0

Bed

Bath 1

Bath

Acres270

Acres

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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Detail Ic Property Details

Property Type : Residential

Price : $195,000

AD Id : 86606763

MLS Id : A12044308

Living Area Size : 270

Year Built : 1936

County : Miami-Dade

Subdivision: Royal South Beach Condo

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Feature Features

  • Interior Features

    Elevator, None
    Appliances: ElectricRange, Microwave, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1936
    Building Area Total: 270
    Construction Materials: Block
    Patio And Porch Features: Deck
    Private Pool: No
    View: Other
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: OutdoorLivingArea

  • Listing Price Information

    Listing Price: $195000
    Original Price: $200000
    Cash, Other

  • Tax Information

    Parcel Number: 0242032700050 Tax Year: 2025 Annual Tax: $2500 Tax Legal Desc: ROYAL SOUTH BEACH CONDO UNIT 103 UNDIV 270/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692 COC 24514-3266 03 2006 1

  • Garage Information

    Pets Allowed: No

    Homeowners Association Information

    Has Association: Yes
    HOA: $836.00
    Association Amenities: Elevators, MaintenanceGrounds, Laundry, Other, Trash
    Community Features: HomeOwnersAssociation

  • School Information

    Elementary School: Miami Beach South Pointe Junior High School: Miami Beach Nautilus Senior High School: Miami Beach
  • Location Information

    Security Features: SecuritySystem,LobbySecured
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/20/2026 @ 23:49

MLS: A12044308 LISTED BY: Dennys Gonzalez, Best of Luxury Realty Corp. 305-407-1657 SOURCE: Beaches MLS

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