REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Drew Saporito | Broker Associate

drew@djflre.com +1(561) 309-3571

$ 200,000

Est. payment -/mo

Save Virtual Tour

New

763 Pennsylvania AVE #103 Miami Beach, FL 33139

1 Bath

270 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 270 sqft

Price per Sqft $740

Subdivision Royal South Beach Condo

MLS Listing ID A12044308

Full Baths 1

Construction Status Resale

HOA Fees $836/mo

HOA Y/N Yes

Total Fin. Sqft 270

Year Built 1936

Annual Tax Amount $2,500

Tax Year 2025

Property Sub-Type Condominium

Property Description

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.

Location

State FL

County Miami-dade

Community Home Owners Association

Area 2420

Interior

Interior Features Elevator, None

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile

Fireplace No

Appliance Electric Range, Microwave, Refrigerator

Exterior

Exterior Feature Outdoor Living Area

Community Features Home Owners Association

Amenities Available Elevator(s), Maintenance Grounds, Laundry, Other, Trash

View Y/N Yes

View Other

Accessibility Accessibility Features

Porch Deck

Garage No

Building

Story 3

Unit Floor 2

Structure Type Block

New Construction No

Construction Status Resale

Schools

Elementary Schools Miami Beach South Pointe

Middle Schools Miami Beach Nautilus

High Schools Miami Beach

Others

Pets Allowed No

Senior Community Yes

Tax ID 0242032700050

Security Features Security System,Lobby Secured

Acceptable Financing Cash, Other

Membership Fee Required false

Listing Terms Cash, Other

Special Listing Condition Listed As-Is

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12044308

Listed by Dennys E. Gonzalez Best of Luxury Realty Corp.

Drew Saporito | Broker Associate

763 Pennsylvania AVE #103 Miami Beach, FL 33139

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

763 Pennsylvania AVE #103