Condominium at ROYAL SOUTH BEACH CONDO in Miami Beach
$195,000
n/a
1
270
Condominium, Residential
Details
Overview
Description
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.
This condominium home located at 763 Pennsylvania Ave # 103, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 13 days. This property is listed at $195K. It has N/A beds, 1 bathrooms, and is 270 square feet. It was built in 1936. 763 Pennsylvania Ave # 103, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.
Interior
- Flooring: Ceramic Floor
- Common walls with other units/homes:
Property
- Parking Features: None
- Entry location: Elevator
- Exterior Features: None
- Has View: Yes
- View Description: Other View
Construction
- Year Built: 1936
Community & HOA
- Security Features: Doorman, Lobby Secured
- Subdivision: ROYAL SOUTH BEACH CONDO
- Has HOA: Yes
- Amenities: Laundry, Elevator(s), Other, Trash Chute
- HOA Fees: $836/mo
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Miami Beach South Pointe Elementary • 0.0 mi • K-12
- Miami Beach Fienberg/Fisher K-8 Center • 0.0 mi • K-12
- Miami Beach Adult & Community Education Center • 0.0 mi • K-12
- Miami Beach Senior High • 0.0 mi • K-12
- North Beach Elementary • 0.0 mi • K-12
- Miami Beach Nautilus Middle • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
