Excellence in South Florida Real Estate

763 E Pennsylvania Ave, Miami Beach, 33139

  • $7,360,000

Buy

Miami Beach

763 E Pennsylvania Ave, Miami Beach, 33139

Miami Beach
  • $7,360,000

Quick Details

MLS #: A11811796
  • 1936
  • Year Built

Description

Great Redevelopment Opportunity. Own future control of the Royal South Beach Condominium-Hotel. Located two blocks from Ocean Drive’s beach access. This offer is to acquire 32 out of 42-total units (combined 9,503 square feet). Advertised in 2 separate MLS listings: A11809242 (18 Units) and Business Opportunity A11811796 (14 Units). Licensed for “nightly or long term-rentals” through self-managed or optional hotel rental-program. HOA fees are all-inclusive, including 24/7 concierge services (see attachments). Units currently rented, fully furnished with equipped kitchenettes. THIS OFFER IS NOT FOR THE ENTIRE BUILDING, but additional units can be negotiated for full ownership. Building passed 40-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: $7,360,000
  • Year Built: 1936
  • Property Status: Buy
Listed by Dennys Gonzalez · Best of Luxury Realty Corp. - Updated on May 30, 2025 at 8:00 pm

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