763 Pennsylvania Avenue 103, Miami Beach, FL 33139
New Listing
$200,000
Property Type:
Residential
Baths:
1
Square Footage:
270
Status:
Active
Current Price:
$200,000
List Date:
6/27/2026
Last Modified:
6/27/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# A12044308
General Property Information
- Number Of Units In Community
- 43
- Unit Floor #
- 2
- Property Sub Type
- Condominium
- Bathrooms Total
- Yes
- Bathrooms Full
- Yes
- Building Area Main
- 270
- Living Area Main
- 270
- Adjusted Area Main
- 270
- Accessibility Features YN
- Yes
- Year Built
- 1936
- Senior Community YN
- Yes
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 3
Property Features
Application Information:
3-4 Weeks Approval
Association Amenities:
Maintenance
Flooring:
Ceramic Tile
Leasing Permitted Details:
Okay To Lease; Okay To Lease During First Year; Short Term Rentals Allowed
Property Condition:
Resale
Appliances:
Electric Range; Microwave; Refrigerator
Construction Materials:
Block
Cooling:
Wall/Window Unit(s)
Association Type:
Homeowner Association
Heating:
Window/Wall
Interior Features:
Elevator
Listing Terms:
Cash; Other
Pets Allowed YN:
No
Possession:
Close Of Escrow
Security Features:
Lobby - Attended; Security System
Special Information:
Sold As-Is
Tax Information:
Tax Reflects No Exemptions
Unit Description:
Studio
View:
Other
Showing Requirements:
24 Hour Notice
Outdoor Living Spaces:
Deck
Contract Information
- Comp Sale YN
- No
- Original List Price
- 200000
- Occupant Type
- Tenant
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 763
- Street Name
- Pennsylvania
- Street Suffix
- Avenue
- Unit Number
- 103
- City Name
- Miami Beach
- Municipal Code
- 2
- State Or Province
- FL
- Postal Code
- 33139
- Postal Code +4
- 6116
- Postal Zip
- 33139
- Subdivision Name
- ROYAL SOUTH BEACH CONDO
- Area
- 2420
- Elementary School
- Miami Beach South Pointe
- Middle Or Junior School
- Miami Beach Nautilus
- High School
- Miami Beach
- Special Assessment YN
- No
- Parcel Number
- 0242032700050
- Subdivision Number
- 270
- Flood Zone
- AE
Financial Information
- Association YN
- Yes
- Association Fee
- 836
- Association Fee Frequency
- Monthly
- Membership Fee Required YN
- No
- Tax Annual Amount
- 2500
- Tax Year
- 2025
- 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
Status Change Information
- Major Change Timestamp
- 2026-06-27T04:00:00Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-06-27
More Information
Leasing Permitted Details
- Leasing Permitted YN
- Yes
- Okay To Lease
- Yes
- Okay To Lease During First Year
- Yes
- Short Term Rentals Allowed
- Yes
Leasing Restrictions
- Leasing - Max Times Per Year
- 360
- Leasing - Minimum Number of Days
- Yes
Price Calculations
- Current Price To SqFt
- 740.74
Section Details
- Parcel Number MLX
- 0050
Originating Details
- Originating System Key
- 515735726
- Originating System ID
- M00000151
Office/Member Information
- DXORIGMLSID
- SEF
Application Fee Details
- Application Fee
- 0
Application Information
- 3-4 Weeks Approval
- Yes
Amenities
- Elevator(s)
- Yes
- Laundry
- Yes
- Trash Chute
- Yes
- Other
- Yes
Association Amenities
- Maintenance
- Yes
Flooring
- Ceramic Tile
- Yes
Property Condition
- Resale
- Yes
Possession
- Close Of Escrow
- Yes
Special Information
- Sold As-Is
- Yes
View
- Other
- Yes
Heating
- Window/Wall
- Yes
Unit Description
- Studio
- Yes
Appliances
- Electric Range
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
Construction Materials
- Block
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Other
- Yes
Security Features
- Lobby - Attended
- Yes
- Security System
- Yes
Cooling
- Wall/Window Unit(s)
- Yes
Association Type
- Homeowner Association
- Yes
Showing Requirements
- 24 Hour Notice
- Yes
Master Bedroom/Bath
- None
- Yes
Pets Allowed YN
- No
- Yes
Tax Information
- Tax Reflects No Exemptions
- Yes
Outdoor Living Spaces
- Deck
- Yes
Listing Office:
Best of Luxury Realty Corp.
Last Updated: June - 27 - 2026
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