#A11659446, Shana Santalla, Listing Office: Lifestyle International Realty
763 E Pennsylvania Ave Miami Beach, FL 33139
Property details
About 763 E Pennsylvania Ave
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.
Highlights
Virtual tour
Summary
- MLS Number: A11663865
- MLS Name: SEFMIAMI
- Office Name: Best of Luxury Realty Corp.
- Office Phone: (305) 407-1657
- Office Email: tracey@bestofluxuryrealty.com
- Listing Agent: Dennys Gonzalez
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,800,000
763 E Pennsylvania Ave
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Price information
Property sales
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Tax history
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Nearby schools
6
South Pointe Elementary School
Public District PK-5
0.5 mi
•1050 4th St
5
Fienberg/Fisher K-8 Center
Public District PK-5
0.6 mi
•1420 Washington Ave
8
North Beach Elementary School
Public District PK-5
2.5 mi
•4100 Prairie Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,341. Typical income of Miami Beach, FL residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 763 E Pennsylvania Ave in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 4,411 square foot home was built in 1936. Features: 0 bathroom. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $2,800,000.
While more than 6 listings in Miami Beach, FL in January 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 74 were sold below. In January 2025 in Miami Beach, FL there were 17.2% more homes for sale than in December. The median list price of listings available in January 2025 was $636,404, while the average time on the real estate market was 97 days.