Condominium
763 Pennsylvania Ave # 103
763 Pennsylvania Ave # 103, Miami Beach FL 33139 Get directions
$195,000
0 Beds · 1 Bath · 270 SqFt
See estimated monthly costThis listing is courtesy of Best of Luxury Realty Corp.. Dennys Gonzalez
Overview
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.
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
- $722
- Subdivision
- ROYAL SOUTH BEACH CONDO
- On market since
- Jun 27, 2026
- Days on market
- 13
Estimated monthly cost
$2,177 per month
- Principal & interest (30 yr)
- $986
- 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
Similar homes nearby
Active listings within two miles, with a comparable size and price.
763 Pennsylvania Ave # 131, Miami Beach FL 33139
$871/mo HOA
Price cut: $3,100 (−1.7%)
Beycome of Florida LLC
763 Pennsylvania Ave # 130, Miami Beach FL 33139
$836/mo HOA
Miami Preconstruction Realty
710 Washington Ave # 319, Miami Beach FL 33139
$485/mo HOA
Price cut: $8,000 (−3.2%)
Trident Real Estate, Inc
761 Euclid Ave # 12B, Miami Beach FL 33139
$380/mo HOA
Fortune Christie's Intl R.E.
635 8th St # 205, Miami Beach FL 33139
$560/mo HOA
Lifestyle International Realty
802 Euclid Ave # 201, Miami Beach FL 33139
$459/mo HOA
Brickell Brokers LLC
820 Euclid Ave # 203, Miami Beach FL 33139
$555/mo HOA
The Keyes Company
820 Euclid Ave # 106, Miami Beach FL 33139
$660/mo HOA
Howard Chase Real Estate, LLC
Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.