763 E Pennsylvania Ave

New

$7,360,000

763 E Pennsylvania Ave South Beach

153

Home61's Closings in

South Beach

Amenities

Air Conditioning
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$78,528   (2025)
$ /sqft
-
Half Bath/WC
-
Parking Space
1
Building
Royal South Beach Condo-Hotel
On market
2 days
$ /sqft
-
Type
other
Year Built
1936
Unit
-
Zip Code
33139
Ref./MLS ID
A11811796

DESCRIPTION

Great redevelopment opportunity.  Own future control of the royal south beach condominium-hotel.  Located two blocks from ocean drive’s beach access.  This offer is to acquire 32 out of 42-total units (combined 9,503 square feet).  Advertised in 2 separate mls listings: a11809242 (18 units) and business opportunity a11811796 (14 units).  Licensed for “nightly or long term-rentals” through self-managed or optional hotel rental-program.  Hoa fees are all-inclusive, including 24/7 concierge services (see attachments).  Units currently rented, fully furnished with equipped kitchenettes.  This offer is not for the entire building, but additional units can be negotiated for full ownership.  Building passed 40-yr recertification.  Review mls attachments and broker remarks for additional information.  


Data is provided by Miami Board of Realtors.

Public transportation

Washington Av & 7 St
123
C
1 mins
Washington Av & 8 St
123
C
1 mins
Washington Av & 9 St
120
123
150
C
2 mins
Washington Av & 5 St
120
123
150
C
3 mins

Nearby School In South Beach

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
5
Miami Beach Senior High School
9-12
1.5 miles
6
Fienberg/Fisher K-8 Center
PK-8
0.6 miles
9
South Pointe Elementary School
PK-5
0.5 miles
NR
Congregation Beth Medrash Levi
7-12
0.6 miles
Neighborhood

South Beach

  • fashion
  • beach
  • ocean
  • nightlife
  • party
  • restaurants
  • bars
  • condos
  • ocean front homes
  • luxury
  • miami

  •  
Listed on May 30, 2025 by Dennys Gonzalez from Best of Luxury Realty Corp., this other is for sale. other for sale in South Beach listed at $7,360,000, Reference A11811796

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.