$195,000
763 Pennsylvania Avenue 103
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $195,000
- Price per sq ft
- $722
- Original price
- $200,000
- Days on market
- 13
This condo in Royal South Beach Condo is listed at $195,000, or $722 per square foot. The asking price has come down 2.5% from its original $200,000. It has been on the market for 13 days.
Estimated monthly payment
$1,025 /mo
Principal and interest only, based on $39,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $836/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $195,000
- Days on Site
- 13 Days
- Bedrooms
- 0
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 270 sqft
- Total Sq Ft
- 270 sqft
- Year Built
- 1936
- Property Type
- Condo
- MLS #
- A12044308
- Property Tax
- $2,500 (2025)
- HOA Fees
- $836 / Monthly
- Subdivision
- ROYAL SOUTH BEACH CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1936
- Property Condition
- Resale
- Number of Stories
- 3
- Garage Spaces
- 0
- Living Sq Ft
- 270
- Total Sq Ft
- 270
Interior Features
- Appliances
- Electric Range / Microwave / Refrigerator
- Cooling
- Wall Window Units
- Heating
- Wall Furnace
- Flooring
- Ceramic Tile
- Interior Features
- Elevator / None
Exterior Features
- Construction
- Block
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Deck
- View
- Other
Community & HOA
- HOA Fee
- $836 / Monthly
- Association Amenities
- Elevators / Maintenance Grounds / Laundry / Other / Trash
- Community Features
- Home Owners Association
- Security
- Security System / Lobby Secured
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash / Other
- Restrictions
- Okay To Lease1st Year / Ok To Lease / Short Term Rentals Allowed
- MLS Area
- 2420
This home's HOA fee works out to $836 a month, in line with the $836 median across 3 homes for sale in Royal South Beach Condo. See Royal South Beach Condo HOA fees
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
- Homes for Sale
- 3
- Under Contract
- 0
- Median List Price
- $179,900
- Median $/Sq Ft
- $638
- Avg Days on Market
- 251
Frequently Asked Questions
- How do I schedule a tour of 763 Pennsylvania Avenue 103, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 763 Pennsylvania Avenue 103, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 763 Pennsylvania Avenue 103, Miami Beach, FL 33139 still available?
- 763 Pennsylvania Avenue 103, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 13 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 763 Pennsylvania Avenue 103, Miami Beach, FL 33139?
- With 20% down ($39,000) on the $195,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 763 Pennsylvania Avenue 103, Miami Beach, FL 33139 is about $1,025/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 763 Pennsylvania Avenue 103, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 763 Pennsylvania Avenue 103, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 763 Pennsylvania Avenue 103, Miami Beach, FL 33139 have an HOA fee?
- Yes: 763 Pennsylvania Avenue 103, Miami Beach, FL 33139 carries an HOA fee of about $836 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 763 Pennsylvania Avenue 103, Miami Beach, FL 33139?
- 763 Pennsylvania Avenue 103, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 763 Pennsylvania Avenue 103, Miami Beach, FL 33139?
- Often, yes. The right offer on 763 Pennsylvania Avenue 103, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Best of Luxury Realty Corp.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 3, 2026.
$195,000
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Listed by Dennys E. Gonzalez, Best of Luxury Realty Corp.
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Recent Sales
Recently sold homes in Royal South Beach Condo
These are the last 2 recorded closings in Royal South Beach Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $574 per square foot. The most recent closed on July 29, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$155,000
Sold · July 29, 2026
763 Pennsylvania Avenue 116
0 bed · 1 bath · 270 sqft · $574/sqft
$10,000 under the asking price
Sold$140,000
Sold · August 1, 2025
763 Pennsylvania Avenue 101
0 bed · 1 bath · 305 sqft · $459/sqft
$25,000 under the asking price
See every recorded sale in Royal South Beach Condo or find out what your Royal South Beach Condo home is worth.
