Premier Brokers International
763 Pennsylvania Avenue 103, Miami Beach, FL 33139
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12044308
$194,500

↓ Price reduced $5,500 on Oct 22, 2026

763 Pennsylvania Avenue 103, Miami Beach, FL 33139

Beds
0
Baths
1
Sqft
270
Est. payment$2,151/mo
Home type
Condominium
Year built
1936
Lot size
—
Price / sqft
$720
HOA
$836/mo
Community
ROYAL SOUTH BEACH CONDO

Property description

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 activity

Days on market
119
Listed
Jun 27, 2026
MLS listing updated
Oct 23, 2026
Feed last checked
4 minutes ago

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

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
0
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Elevator
Flooring
Ceramic Tile
Appliances
Electric Range, Microwave, Refrigerator

Heating & cooling

Heating
Window/Wall
Cooling
Wall/Window Unit(s)
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0

Exterior

Stories
3
Building area
270 sqft
Patio & porch
Deck
View
Other
Waterfront property
No
Construction

Type & style

Home type
Condominium
Year built
1936
New construction
No

Materials

Construction
Block
Property condition
Resale
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
ROYAL SOUTH BEACH CONDO
MLS area
2420
Security
Lobby - Attended, Security System
Pets allowed
No
55+ community
Yes

Association

Has association
Yes
Association fee
$836 monthly
Estimated monthly dues
$836
Amenities
Maintenance, Elevator(s), Laundry, Trash Chute, Other
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33139
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12044308
Possession
Close Of Escrow
Original list price
$200,000
Parcel number
0242032700050
Annual property tax
$2,500
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
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Elevator(s), Laundry, Trash Chute, Other
Association Fee Frequency
Monthly
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
270
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
119
Elementary School
Miami Beach South Pointe
High School
Miami Beach
List Price
194500
Listing Contract Date
2026-06-27
Living Area
270
MLSArea Major
2420
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Active
On Market Date
2026-06-27
Patio And Porch Features
Deck
Photos Count
18
Postal Code
33139
Price Change Timestamp
2026-10-22T08:10:50Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Lobby - Attended, Security System
Senior Community
Yes
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-27T04:00:00Z
Stories Total
3
Subdivision Name
ROYAL SOUTH BEACH CONDO
Tax Annual Amount
2500
Bathrooms Full
1
Bedrooms Total
0
Waterfront
No
Bathrooms Half
0
General Property Information: Senior Community
Yes
Financial Information: Estimated Monthly Assoc Recurring Fee
836

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 27, 2026ListedMIAMI REALTORS® MLS$200,000$741/sqft
Oct 22, 2026Price reducedMIAMI REALTORS® MLS$194,500$720/sqft

Public tax history

YearProperty taxesAssessment
2025$2,500—

Payment calculator

Estimated monthly payment$2,151/moIllustrative estimate, not a loan offer.
Principal & interest
$1,009
Property taxes
$208
Insurance
$97
Association dues
$836

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

ROYAL SOUTH BEACH CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary
—
Miami Beach NautilusMiddle
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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12 homes

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Best of Luxury Realty Corp.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.