$2,700,000
$130K PRICE DROP

763 Pennsylvania Ave Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $16,166/month

Total Views 2,636
-- Bed
-- Bath
4,411 Sq Ft
$612 Price per Sq Ft

Highlights

  • Marble Flooring
  • Old Spanish Architecture
  • Central Air
  • South Pointe Elementary School Rated A-
  • Patio
  • No Heating

About This Home

13 (thirteen) studio-condos at Royal South Beach (Condo-Hotel) for sale: purchase all properties as one package or individually. You'll receive a bulk-discount when purchasing all units. Approved short-term rentals. Combined square footage for the 13 studios is 4,411 sq. ft. Fully furnished with kitchenettes and renting nightly or long-term. Rental can be self-managed, through Condo-Hotel Program or the owner may reside at the property. The Royal South Beach Condo/Hotel has 42 units total and retail spaces. Located in a prime area of South-Beach, one block from the beach Ocean Drive. Building passed its 40-Yr recertification. HOA Fee includes all utilities, insurance, & concierge service (24-Hr Front Desk). Buy preferably cash or via private-lending. Review MLS attachments for specifics.

Listing Agent

Dennys Gonzalez

Best of Luxury Realty Corp. License #3210080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,122

Year Built

  • Built in 1936

HOA Fees

  • $836 Monthly HOA Fees

Home Design

  • Quadruplex
  • Old Spanish Architecture
  • Concrete Roof

Interior Spaces

  • 4,411 Sq Ft Home
  • 3-Story Property

Flooring

  • Marble
  • Ceramic Tile

Utilities

  • Central Air
  • No Heating

Additional Features

  • Accessible Elevator Installed
  • Patio

Community Details

  • 4 Units
  • Royal South Beach Condo
  • Royal South Beach Condo,Royal Condo Hotel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-270-0330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,122

Year Built

Built in 1936

Lot Details

0

HOA Fees

$836 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached, Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: ROYAL SOUTH BEACH CONDO,ROYAL CONDO HOTEL
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Elevator
  • Flooring: Ceramic Floor, Marble, Other
  • Living Area: 4411
  • Stories: 3

Exterior Features

  • Roof: Concrete
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ROYAL SOUTH BEACH CONDO

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association Fee: 836
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-270-0330
  • Zoning: 6400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Hot Water, Gardener, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3122

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 13

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,122 $175,682 -- --
2023 $3,122 $159,500 $0 $0
2022 $2,724 $145,000 $0 $0
2021 $2,709 $140,308 $0 $0
2020 $2,800 $144,646 $0 $0
2019 $2,504 $180,808 $0 $0
2018 $2,305 $180,808 $0 $0
2017 $2,251 $81,871 $0 $0
2016 $1,959 $74,429 $0 $0
2015 $1,808 $67,663 $0 $0
2014 $1,272 $61,512 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Price Changed $2,700,000 -3.6% $612 / Sq Ft
11/13/2024 11/13/24 Price Changed $2,800,000 -1.1% $635 / Sq Ft
09/22/2024 09/22/24 For Sale $2,830,000 +424.1% $642 / Sq Ft
01/12/2023 01/12/23 Sold $540,000 -7.7% $452 / Sq Ft
12/10/2022 12/10/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $585,000 -2.5% $490 / Sq Ft
09/30/2022 09/30/22 For Sale $600,000 -- $502 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $207,700 Home Trust Title
Warranty Deed $207,700 Home Trust Title
Warranty Deed $165,000 South Florida Ttl Group Inc
Warranty Deed $69,000 Century Title & Escrow Co
Special Warranty Deed -- None Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11663865

MIAMI REALTORS® MLS

APN: 02-4203-270-0330

Florida Miami/Dade County Miami Beach 33139 Flamingo

763 Pennsylvania Ave, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 763 Pennsylvania Ave, Miami Beach, FL 33139 and is currently priced at $2,700,000, approximately $612 per square foot. This property was built in 1936. 763 Pennsylvania Ave is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Dennys Gonzalez
Listing Agent
Dennys Gonzalez
Section Image
Best of Luxury Realty Corp.
(786) 648-8252