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$7,360,000
4 Days On Site

763 E Pennsylvania Ave
Miami Beach, FL 33139

For Sale|Business|Active
0
Beds
0
Total Baths
4,411
SqFt
$1,669
/SqFt
1936
Built
County:
Miami-Dade
Call Now: 954-998-3673
Is this the listing for you? We can help make it yours.
954-998-3673
763 E Pennsylvania Ave763 E Pennsylvania Ave763 E Pennsylvania Ave
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Monthly Payment (Est.)

$33,579
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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.

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Listing Snapshot
Price 
$7,360,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,411 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1936
MLS® Number 
A11811796
Status 
Active
Property Tax 
$78,528
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Parking 
On Street
Property Sub Type 
Business
Security 
Other
Sewer 
Public Sewer
SqFt Total 
4411
Water Source 
Public
Zoning 
6400
Interior Features
Cooling 
Wall/Window Unit(s)
Flooring 
Ceramic TileOther
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Exterior Features
Road Frontage 
City Street
Roof 
Other
Community Features
Financing Terms Available 
Cash
MLS Area 
42
Listing courtesy of Best of Luxury Realty Corp.

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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