Condominium
763 Pennsylvania Ave # 103
763 Pennsylvania Ave # 103, Miami Beach FL 33139 Get directions
$194,500
0 Beds · 1 Bath · 270 SqFt
See estimated monthly costThis listing is courtesy of Best of Luxury Realty Corp.. Dennys Gonzalez
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 270
- Full bathrooms
- 1
- Elevator
Building & exterior
- Year built
- 1936
- Other View
- None
HOA (homeowners association)
- Association fee
- $836 per month
- Pets allowed
- No
- Laundry
- Elevator(s)
- Other
- Trash Chute
- Daily Rentals Allowed
- Ok To Lease
- Okay To Lease 1st Year
- No
Taxes
- Annual tax
- $2,500
- Tax year
- 2025
- Parcel number
- 02-42-03-270-0050
Assigned schools
- Elementary
- South Pointe
- Middle
- Nautilus
- High
- Miami Beach
Listing
- MLS number
- A12044308
- Property type
- Condominium
- Price per SqFt
- $720
- Subdivision
- ROYAL SOUTH BEACH CONDO
- On market since
- Jun 27, 2026
- Days on market
- 117
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jun 27, 2026 | Listed | $200,000 | — |
| Oct 22, 2026 | Price change | $194,500 | −$500 (−0.3%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$2,174 per month
- Principal & interest (30 yr)
- $983
- Property tax
- $208
- Insurance (estimated)
- $146
- Association fee
- $836
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- BaseCamp 305 Jr
- Miami Beach South Pointe Elementary
- South Pointe Elementary School
- Lubavitch Educational Center - Yeshiva Gedolah
- Miami Beach Fienberg/Fisher K-8 Center
- Miami Beach Adult & Community Education Center
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LoKation
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