763 Pennsylvania Avenue 103, Miami Beach, FL 33139 (MLS# A12044308)

763 Pennsylvania Avenue 103, Miami Beach, FL 33139

$194,500
Property Type: Residential Baths: 1 Square Footage: 270 Status: Active
Current Price: $194,500 List Date: 6/27/2026 Last Modified: 10/23/2026

Overview

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 t ...

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
Estimated Monthly Assoc Recurring Fee
836
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
2026-10-22T08:10:50Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-10-22T08:10:50Z
Status Change Date
2026-06-27

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes

Leasing Restrictions

Leasing - Max Times Per Year
360
Leasing - Minimum Number of Days
Yes

Price Calculations

Current Price To SqFt
720.37

Section Details

Parcel Number MLX
0050

Originating Details

Originating System Key
515735726
Originating System ID
M00000151
IDX
Listing Office: Best of Luxury Realty Corp.
Source MLS Verified
Last Updated: October - 23 - 2026
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