763 E Pennsylvania Ave, Miami Beach FL 33139

What's special
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.
Facts & features
Interior
- Bedrooms:0
- Bathrooms:0
- Full bathrooms:
- 1/2 bathrooms:
- None
- Wall/Window Unit(s)
- Total interior livable area:sqft
Property
- Garage spaces:
- Stories:
- Has private pool:Yes
- Has view:Yes
- Has water view:Yes
- Size:Acres
- Zoning:6400
Construction
- New construction:NoYes
- Year built:1936
Utilities & green energy
- Sewer:Public Sanitation
- Water:Public
Community
Financial & listing details
- Price per square foot:0
- Annual tax amount:
- Date on market:May 29, 2025
Mortgage calculator
Calculations are provisional. For a final offer, seek personal advice.
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