Price Reduced Listing
$194,500
 $1,044 est/mo Sourced by Back At You

763 Pennsylvania Avenue 103,Miami Beach, FL 33139

Miami Beach, FL 33139

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Description

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.

Details

MLS #A12044308
Listing TypeFor Sale
StyleCondominium
HOA Dues$836
Sub-TypeResale
StatusActive
Year1936
Days On Site122
Listing Provided ByBest of Luxury Realty Corp. | Dennys E. Gonzalez

Features

Bath(s) 1 Total
SQ Feet270
Story(s)3
Property ViewYes

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount2500

Location

Community FeaturesHome Owners Association

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2420
Community NameROYAL SOUTH BEACH CONDO
Listing VS Median (in ROYAL SOUTH BEACH CONDO)
Price:
$194,500
low | high
Med:
$170,000
62.596401028278% of Average
sqft:
270
low | high
Med:
270
50% of Average
$ / sqft:
$720
low | high
Med:
$630
62.596401028278% of Average
On site:
122
low | high
Med:
551
22.141560798548% of Average
Sourced by Back At You

Market Activity 33139

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2420
Community NameROYAL SOUTH BEACH CONDO
Listing VS Median (in ROYAL SOUTH BEACH CONDO)
Price:
$194,500
low | high
Med:
$170,000
62.596401028278% of Average
sqft:
270
low | high
Med:
270
50% of Average
$ / sqft:
$720
low | high
Med:
$630
62.596401028278% of Average
On site:
122
low | high
Med:
551
22.141560798548% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $145K - $243K
sqft: 203 - 338
Nearby Listings Property ImageNearby Listings Details
763 Pennsylvania Avenue 131 Property Photo 1
$169,898
763 Pennsylvania Avenue 131
Miami Beach, FL 33139
763 Pennsylvania Avenue 130 Property Photo 1
$170,000
763 Pennsylvania Avenue 130
Miami Beach, FL 33139
Listing Updated: October 22, 2026 at 11:59:24 PM PDT