1 of 33

Want to see this property?

763 E Pennsylvania Ave

Miami Beach, FL 33139

– beds
– baths
4,411 sqft
$634 per sqft
1936 build
– on site

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.

Listing courtesy of MLSM / Best of Luxury Realty Corp.

Last checked: Checking… • Last updated Jan 9, 2025 •

MLS# A11663865 —

This property is listed in more than one place. See it here, and here.

The Building

Year Built:

1936
Year Built Details:

Resale
Construction Materials:

Block
Architectural Style:

Fourplex
Stories:

3
Roof:

Concrete
Exterior Features:

Patio
Patio And Porch Features:

Patio
Building Area Total:

4411.0

Interior

Flooring:

CeramicTile, Marble, Other

Room Dimensions

Living Area:

4411.0

The Property

Parcel Number:

02 42 03 270 0330
Property Type:

ResidentialIncome
Property Subtype:

Quadruplex
Property Subtype Additional:

Quadruplex
Zoning Description:

6400
Lot Features:

LessThanQuarterAcre
Lot Size Units:

SquareFeet
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$3,122
Tax Legal Description:

ROYAL SOUTH BEACH CONDO UNIT 117 UNDIV 466/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692 COC 26462-3678 06 2008 5

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

CentralAir
Cooling:

true

Utilities

Utilities:

CableAvailable
Sewer:

PublicSewer

The Community

Subdivision Name:

Royal South Beach Condo
Pool Features:

None
Association Fee:

$836
Association Fee Frequency:

Monthly

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
11/13/24 Nov 13, 2024	Listed / Active	MLSM	$2,800,000
11/14/19 Nov 14, 2019	Price Changed	MLSM
11/7/19 Nov 7, 2019	Price Changed	MLSM

Want a closer look?

Go see 763 E Pennsylvania Ave

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Miami Beach, FL

Similar sold homes

This multifamily located in Flamingo-Lummus, Miami Beach, FL 33139 is currently for sale for $2,800,000. 763 E Pennsylvania Ave is a 4,411 square foot multifamily with – beds and – baths that has been on Estately for 67 days. 763 E Pennsylvania Ave is in the Flamingo-Lummus neighborhood of Miami Beach and has a WalkScore® of 96, making it a walker’s paradise. This multifamily is in the attendance area of South Pointe Elementary School, Air Base Elementary School, Miami Beach Senior High School, Nautilus Middle School, and Robert Morgan Educational Center And Technical College.

Listing Courtesy of: MLSM and Best of Luxury Realty Corp..

Based on information from the MLS MIAMI 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.