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$200,000
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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.
Full Property Details
Full Property Details for 763 Pennsylvania Ave #103
General
- Price: $200,000
- HOA FEE: $836/month
- Taxes: $2,500 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12044308
- Updated: 6/27/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: Elevator
- Appliances: Electric Range, Microwave, Refrigerator
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: None, Studio
Additional Information
- Shared Amenities: Laundry, Elevator(s), Other, Trash Chute
- Maint. Includes: All Amenities
- Security/Safety: Doorman, Lobby Secured
- Equipment: Elevator
Exterior
- Exterior Features: None
- Deck/Patio: Deck
Parking
- Parking Features: None
Location
- Area: Royal South Beach Condo
- County: Miami-Dade County
- Subdivision: ROYAL SOUTH BEACH CONDO
- Building Name: ROYAL SOUTH BEACH CONDO
School Information
- Elementary School: South Pointe
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: Royal South Beach Condo
- Association: Yes
- Units Assoc/Comm: 43
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Window/Wall
Structural Information
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 2
- Building Size: 270
- Square Feet: 270
- Living Area: 270 Sq. Ft.
- Year Built: 1936
Unit Information
- Units in Complex: 43
Lot Features
- Property View: Other View
Financial Considerations
- Price Per Sq. Ft.: $740.74
- Association Fee: $836
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,500
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- 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
- Restrictions: Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
- Property ID: 02-42-03-270-0050
Listed by Best of Luxury Realty Corp.
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Schools
Schools serving 763 Pennsylvania Ave #103
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.5 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.5 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 763 Pennsylvania Ave #103
Date
Details
Price
Change
Source
6/27/2026
Listed
$200,000
70.21%
MLS
6/15/2015
Sold
$117,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 763 Pennsylvania Ave #103
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,383
4%
$127,050
—
2024
$2,299
5%
$127,050
—
2023
$2,180
25%
$127,050
41%
2021
$1,738
-9%
$90,032
-15%
2022
$1,910
10%
$106,500
11%
2021
$1,738
-11%
$96,188
-5%
2019
$1,962
5%
$101,250
3%
2018
$1,865
5%
$98,010
-3%
2017
$1,782
13%
$101,250
25%
2016
$1,573
53%
$81,000
107%
2015
$1,031
29%
$39,204
10%
2014
$802
22%
$35,640
10%
2013
$659
—
$32,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 763 Pennsylvania Ave #103
763 Pennsylvania Ave #103, Miami Beach, FL 33139 (MLS# A12044308) is a Condo property with 0 bedrooms and 1 full bathroom. 763 Pennsylvania Ave #103 is currently listed for $200,000 and was received on June 27, 2026. Want to learn more about 763 Pennsylvania Ave #103? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

