Excellence in South Florida Real Estate

763 E Pennsylvania Ave, Miami Beach, 33139

  • $7,590,000

Buy

Miami Beach

763 E Pennsylvania Ave, Miami Beach, 33139

Miami Beach
  • $7,590,000

Quick Details

MLS #: A11811796
  • 1936
  • Year Built

Description

Redevelopment Opportunity when you own control of this Condominium-Hotel (Royal South Beach), with beach access just two blocks away. The offer is to acquire 33 out of 42-total individual units (combined 10,083 square feet), with the potential to also acquire all commercial spaces located on ground level and fully operational (approximately an additional 7,890 square feet). Property licensed for “nightly-rentals” that can be self-managed or rented through existing hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). All units are fully furnished with equipped kitchenettes. Building passed 40-Yr Recertification, and it is pending the 50-Yr recertification. Review MLS attachments and broker remarks for additional information.

  • Address 763 E Pennsylvania Ave
  • City Miami Beach
  • State/county Florida
  • Zip/Postal Code 33139
  • Area Miami-dade County

Details

  • MLS #: A11811796
  • Price: $7,590,000
  • Year Built: 1936
  • Property Status: Buy
Listed by Dennys Gonzalez · Best of Luxury Realty Corp. - Updated on June 22, 2025 at 2:17 pm

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