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
...
(Read more)
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.
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
Documents
Listing Office:
Best of Luxury Realty Corp.

Last Updated: October - 23 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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