# 763 Pennsylvania Ave, Miami Beach, FL 33139

> **TL;DR:** 0bd/1ba condo, $200,000 ($741/sqft), built 1936, 270 sqft.
> A/C. Est. $1,905/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $200,000 |
| Price/sqft | $741 |
| Bathrooms | 1 full |
| Square Feet | 270 |
| Year Built | 1936 |
| Stories | 3 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,011 |
| Estimated Insurance | $58 |
| HOA | $836 |
| **Total** | **$1,905** |

## Nearby Schools

- **Elementary:** South Pointe
- **Middle:** Nautilus
- **High:** Miami Beach

## Key Amenities

- A/C

## Property Highlights

- Built in 1936
- 3 stories

## Description

### Agent 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.

## Location

- **Address:** 763 Pennsylvania Ave, Miami Beach, FL 33139
- **County:** Miami-Dade
- **Neighborhood:** ROYAL SOUTH BEACH CONDO
- **Coordinates:** 25.778166, -80.133673
- **Google Maps:** https://www.google.com/maps?q=25.778166,-80.133673

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/mia/A12044308

## Listing Agent

- **Name:** Dennys Gonzalez
- **Brokerage:** Best of Luxury Realty Corp.
- **Phone:** 7863067965

## Primary Photo

![763 Pennsylvania Ave - Primary Photo](http://lh.rdcpix.com/093024ffcd1e5aedde4f156d795a7a64l-f1268877104r.jpg)

*18 total photos available on [listing page](https://www.propertysimple.ai/listing/763-pennsylvania-ave-miami-beach-fl-33139-12044308)*

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**MLS#:** A12044308 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/763-pennsylvania-ave-miami-beach-fl-33139-12044308)

---

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