763 Pennsylvania Avenue

ROYAL SOUTH BEACH
Miami Beach, FL 33139

$2,800,000
Price
—
Beds
4,411 Sq. Ft.
$635 / Sq. Ft.
4,411
Sq. Ft.
$635
per Sq. Ft.
a view of a building with a street
a couple of palm trees in front of building
a view of a hallway with potted plants
a view of bike storage next to a yard
a room with gym equipment and a view of living room
a kitchen with sink cabinets and living room view
a room with furniture a flat screen tv and a floor to ceiling window
a view of hallway with stairs
a view of a patio with a table and chairs under an umbrella
a view of a balcony with chairs
a view of a patio with couches table and chairs potted plants and palm tree
a view of a patio with a dining table and chairs with plants
a view of a patio with table and chairs and potted plants
a view of yard
a living room with furniture and a walk in closet
a bathroom with a sink toilet and shower
a bedroom with bed and window
a living room with furniture and a window
a white toilet sitting next to a bath tub
a close view of closet
a kitchen with a sink cabinets and wooden floor
a living room with furniture and a flat screen tv
a large white bed sitting in a room next to a window
a view of a hallway with wooden floor
a living room with stainless steel appliances furniture a fireplace and a flat screen tv
a bedroom with a bed and a refrigerator
a bathroom with a toilet sink and mirror
a living room with furniture and a window
a living room with furniture and a flat screen tv
a bathroom with a sink a toilet and shower curtain
a bedroom with a bed and furniture
a view of workspace with furniture

Description

For sale is a portfolio of 13 fully-furnished studios at the Royal South Beach Condo/Hotel. Best South Beach location, steps to the beach, Lincoln Road & Española Way. The building is 3 stories-high with a total of 42 units and has already received its 40-Yr recertification. Units and Kitchenettes are fully equipped and legally approved for short-term/long-term rentals that may be self-managed or added to the Hotel Program (see attachments). All utilities & Concierge (24-Hr Front Desk) are included...For sale is a portfolio of 13 fully-furnished studios at the Royal South Beach Condo/Hotel. Best South Beach location, steps to the beach, Lincoln Road & Española Way. The building is 3 stories-high with a total of 42 units and has already received its 40-Yr recertification. Units and Kitchenettes are fully equipped and legally approved for short-term/long-term rentals that may be self-managed or added to the Hotel Program (see attachments). All utilities & Concierge (24-Hr Front Desk) are included in HOA Monthly Fee. These properties can be sold individually or as the 13-unit portfolio, which totals 4,411 sq. ft. Inventory of units & Condo-Docs is included in the listing attachments. This is an AirB&B Cash Cow.

Property Details for 763 Pennsylvania Avenue

Subdivision
ROYAL SOUTH BEACH CONDO
Style
Fourplex
Waterfront
No
Area
42
Auction
No
Total Units
13
Num Stories
3
Sq Ft Total
4411
LISTING UPDATED: 11/13/2024 12:32 PM

Property Details for 763 Pennsylvania Avenue

StatusActive
MLS #A11663865
Days on Market61
Taxes$3,122 / year
HOA Fees$836 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCondo / Fourplex
Year Built1936
CountyMiami-Dade County

Building

ROYAL SOUTH BEACH

3 StoriesBuilt in 1936

Building Information for 763 Pennsylvania Avenue

Building/ComplexROYAL SOUTH BEACHFloor-Stories3Residences-Pet Policy-Year Built1936Building Size-

Property Information for 763 Pennsylvania Avenue

Location Information
Location Information
  • Parcel Number Free Text: 02-42-03-270-0330
  • Parcel Number MLX: 0330
  • MLS Area: 42
  • Municipal Code: 2
  • Township Range: 42
  • Section: 3
  • Subdivision Number: 270
  • Subdivision Complex Bldg: ROYAL SOUTH BEACH CONDO
  • Unit Count: 4
  • Zoning Information: 6400
  • Development Name: ROYAL CONDO HOTEL
General Information
Parking
  • Num Parking Spaces: 0
General Information
  • Property Type Information: Detached, Elevator, Old Spanish
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Concrete Roof
  • Flooring: Ceramic Floor, Marble Floors, Other Floors
  • Floor Description: Ceramic Floor, Marble Floors, Other Floors
  • Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11663865
Additional Property Information
Utilities
  • Heating Description: No Heat
  • Cooling Description: Central Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Electric, Hot Water, Lawn Care, Trash Removal, Water
  • Exterior Features: Patio
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Inventory
  • Special Assessment: No

Property History for 763 Pennsylvania Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 763 Pennsylvania Avenue

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
South Pointe Elementary School
Public - PK to 5
Air Base K-8 Center for International Education
Public - PK to 8
Nautilus Middle School
Public - 6 to 8
Robert Morgan Voc-Tech Institute
Public - 9 to 12
Rating
School
Distance
South Pointe Elementary School
PublicPK to 5

Air Base K-8 Center for International Education
PublicPK to 8

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 763 Pennsylvania Avenue, Miami Beach, FL 33139

763 Pennsylvania Avenue is a multi-family home for sale in Miami Beach, FL 33139. This property was listed for sale on September 22, 2024 by Best of Luxury Realty Corp., it's currently listed at $2,800,000. It has been on the market for a total of 61 days and was last sold on January 12, 2023. This listing's school district is Miami-Dade County Public Schools. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 763 Pennsylvania Avenue is a 0-bed, 0-bath, 4,411 sqft multi-family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Best of Luxury Realty Corp.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.