PK-5 Grades
- Elementary
Miami Beach South Pointe Elementary ↗
Attendance zone Elementary
Distance 0.5 mi
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ROYAL SOUTH BEACH CONDO · · MLS A12044308
763 Pennsylvania Ave #103
Asking price$194,500
LIVE · MLS · AS OF NOV 1, 2026
- Bathrooms
- 1
- Living area
- 270 SF
- Price per SF $720/SF
- Year built
- 1936
Listed by Best of Luxury Realty Corp.
Description
Studio in a vintage condo-hotel called Royal South Beach. Unit comes fully furnished. No Rental Restrictions. Approved for Nightly Rentals that can be self-managed or through the Hotel Rental Program. You may also rent the unit for longer terms. HOA fee covers all utilities, insurances, cable, and concierge services. Lobby entrance is on Pennsylvania Ave & 8th Street, and the building sits on a corner-lot facing Washington Ave.
Continue reading
Elevator on premises to access the 2nd and 3rd floors and the private sundeck. The ground level features a restaurant, bar and convenience store. This property is in central South Beach's entertainment district, very walkable to local restaurants, bars, and beach access on Ocean Drive. This is an ideal property to be used as a seasonal vacation home or income-producing via AirBnB. *** In addition to this listing, I have an additional 17 units for sale in this building, all from the same owner. Buy all units for $3.5M OBO. *** Building is 40-Yr Certified and in the process of completing the 50-Yr Recertification. Don't miss this great opportunity to enhance your rental portfolio from a Motivated Seller. No conventional financing is Available. Must purchase cash or through private lending. Call Listing Agent for any questions. See attachments available in the MLS. Easy to show by gaining access through the front desk attendant.
Property information
The propertyAs the MLS records it
- Property type
- Condominium
- Year built
- 1936
- Stories
- 3
- Association fee
- $836 · Monthly
Size and layout
- Living area
- 270 SF
- Bathrooms
- 1
Home and lot
- Subdivision
- ROYAL SOUTH BEACH CONDO
Payment calculator
Estimated monthly payment
$2,113 per month
30-year fixed, 7.32% interest
- Principal and interest
- $1,069
- Property taxes
- $208
- Association dues
- $836
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.32% for the week of October 22, 2026. Source: Freddie Mac, Primary Mortgage Market Survey ↗
For illustration only: an estimate, not a loan offer or a quote. The tax is the last annual bill the MLS records for this property; in Florida a property is reassessed when it is sold, so a buyer's tax will differ. Insurance is not estimated: it is included only when you enter your own quote. The rate is a national weekly average, not the rate a lender will offer you: change it to the one you are quoted.
REQUEST A TOUR
See 763 Pennsylvania Ave #103 in person.
Showings of 763 Pennsylvania Ave #103, Miami Beach, FL 33139 are by appointment. Send the request here, call or write on WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day to confirm a day and a time.
How to request a showing
Send the request
Use the form on this page, call +1 (786) 473-2565 or write on WhatsApp.
Say when
Name the days and the times that suit you. A second option helps.
Julian confirms
He answers within one business day and confirms the day and the time with you.
The listing and who shows it
- Address
- 763 Pennsylvania Ave #103, Miami Beach, FL 33139
- MLS number
- A12044308
- Listed by
- Best of Luxury Realty Corp.
- Showings
- Julian Acosta, real estate advisor with Compass
- Reach him
- +1 (786) 473-2565 · WhatsApp ↗ · Text message · E-mail
No lists, no obligation.
Miami Beach market snapshot
Condominiums in Miami Beach · Closed sales of the last twelve monthsAs of NOV 1, 2026
- Closed sales
- 1,568
- Since NOV 1, 2025
- Median sale price
- $490,000
- Half closed for more, half for less
- Median price per SF
- $565
- Of the sales that state a living area
The market's sales, not sales by Julian Acosta
| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $377 | 1,497 |
| 2021 | $466 | 3,455 |
| 2022 | $515 | 3,020 |
| 2023 | $535 | 1,922 |
| 2024 | $560 |
Schools
Zoned public schools · Miami-Dade County Public Schools
6-8 Grades
- Middle
Nautilus Middle ↗
Attendance zone Middle
Distance 2.6 mi
9-12 Grades
- Senior high
Miami Beach Senior High ↗
Attendance zone Senior high
Distance 1.4 mi
Elementary · PK–5Middle · 6–8Senior high · 9–12 Color marks the grades a school serves, never a rating.
◆ SOURCE · MIAMI-DADE COUNTY GIS · ATTENDANCE BOUNDARIES EDITED SEP 21, 2026
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ABOUT THIS LISTING
Where this listing's information comes from.
◆ MIAMI REALTORS® · SOUTHEAST FLORIDA MLS◆ UPDATED NOV 1, 2026◆ MLS A12044308
The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by Best of Luxury Realty Corp.. Julian Acosta is a real estate advisor with Compass.
Compass Coral Gables · 1515 Sunset Dr, Suite 40, Coral Gables, FL 33143 · julian.acosta@compass.com · +1 (786) 473-2565
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.
