- MLS® #: A11811796
- 763 E Pennsylvania Ave
- Miami Beach, FL 33139-6116
- $7,590,000
- Business
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.
View Virtual TourEssential Information
- MLS® #A11811796
- Price$7,590,000
- CAD Dollar$10,393,253
- UK Pound£5,629,761
- Euro€6,497,617
- Bathrooms0.00
- Acres0.00
- Year Built1936
- TypeBusiness
- StatusActive
Community Information
- Address763 E Pennsylvania Ave
- Area42
- CityMiami Beach
- CountyMiami-Dade
- StateFL
- Zip Code33139-6116
Amenities
- ParkingOn Street
Interior
- HeatingWall Furnace, Window Unit
- CoolingWall/Window Unit(s)
Exterior
- Lot Description12000
- RoofOther
- Office: Best Of Luxury Realty Corp.
Property Location
763 E Pennsylvania Ave on www.jupiteroceanfronthomes.us
Offered at the current list price of $7,590,000, this home for sale at 763 E Pennsylvania Ave features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Miami Beach, FL 33139-6116 . 763 E Pennsylvania Ave is listed under the MLS ID of A11811796 and has been on the Miami Beach real estate market for 40 days.Facts About Miami Beach, FL
Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of July 14th, 2025 at 6:45pm CDT (date/time).
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