Royal South Beach, 763 E Pennsylvania Ave Miami Beach, FL 33139

2,800,000(-3.57% )
$2,700,000Price
466SqFt

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Details

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Status:
Active
Size: 466 ft2 / 43 m2
Price: $5,794 ft2 / $62,367 m2
Type: Multi Family
Built: 1936
HOA: $836/MO
MLS Number: A11663865
On Site: 207 Days
Updated: 48 Days ago
Page Views: 0
13 (thirteen) studio-condos at royal south beach (condo-hotel) for sale: purchase all properties as one package or individually. You'll receive a bulk-discount when purchasing all units. Approved short-term rentals. Combined square footage for the 13 studios is 4,411 sq. Ft. Fully furnished with kitchenettes and renting nightly or long-term. Rental can be self-managed, through condo-hotel program or the owner may reside at the property. The royal south beach condo/hotel has 42 units total and retail spaces. Located in a prime area of south-beach, one block from the beach ocean drive. Building passed its 40-yr recertification. Hoa fee includes all utilities, insurance, & concierge service (24-hr front desk). Buy preferably cash or via private-lending. Review mls attachments for specifics.

Features

Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Patio

Price History

02/28/2025

Date

Price Reduced

Event

$2.7M

Price

-3.57%

Change Rate

$5,794 ft2 / $62,367 m2

Price Per

11/13/2024

Date

Price Reduced

Event

$2.8M

Price

-1.06%

Change Rate

$6,009 ft2 / $64,676 m2

Price Per

09/22/2024

Date

Listed

Event

$2.8M

Price

$6,073 ft2 / $65,369 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Dennys GonzalezBest of Luxury Realty Corp. • Buyer Agency Compensation .

Instant Comparative Market Analysis

$300/ft²
$2,100/ft²
$4,000/ft²
$5,900/ft²

Unit 763 E Pennsylvania Ave – Asking

$5,794/ft²

(+821%) from Closed Medium $/ft²

Closed Medium $/ft²

$629/ft²
Community $/Price Range (Closed) $500/ft² – $638/ft²
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