$194,500
Miami Beach, FL 33139
MLS# A12044308
1 baths | 270 sqft
1 / 18
Property Description
Studio in a vintage condo-hotel called Royal South Beach. Unit comes fully furnished. No Rental Restrictions. Approved for Nightly Rentals that can be self-managed or through the Hotel Rental Program. You may also rent the unit for longer terms. HOA fee covers all utilities, insurances, cable, and concierge services. Lobby entrance is on Pennsylvania Ave & 8th Street, and the building sits on a corner-lot facing Washington Ave. Elevator on premises to access the 2nd and 3rd floors and the private sundeck. The ground level features a restaurant, bar and convenience store. This property is in central South Beach's entertainment district, very walkable to local restaurants, bars, and beach access on Ocean Drive. This is an ideal property to be used as a seasonal vacation home or income-producing via AirBnB. *** In addition to this listing, I have an additional 17 units for sale in this building, all from the same owner. Buy all units for $3.5M OBO. *** Building is 40-Yr Certified and in the process of completing the 50-Yr Recertification. Don't miss this great opportunity to enhance your rental portfolio from a Motivated Seller. No conventional financing is Available. Must purchase cash or through private lending. Call Listing Agent for any questions. See attachments available in the MLS. Easy to show by gaining access through the front desk attendant.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Occupant Type: Tenant
Listing Date: 2026-06-27
Status: Active
Original List Price: 200000
List Price: $194,500
Current Price: $194,500
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33139
Subdivision Number: 270
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 763
Street Name: Pennsylvania
Street Suffix: Avenue
Unit Number: 103
State Or Province: FL
Postal Code: 33139
Postal Code +4: 6116
Subdivision Name: ROYAL SOUTH BEACH CONDO
Area: 2420
Elementary School: Miami Beach South Pointe
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0242032700050
General Property Information
Number Of Units In Community: 43
Unit Floor #: 2
Adjusted Area Main: 270
Living Area Main: 270
Accessibility Features YN: Yes
Senior Community YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 3
Property Sub Type: Condominium
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 270
Year Built: 1936
Financial Information
Estimated Monthly Assoc Recurring Fee: 836
Membership Fee Required YN: No
Association YN: 1
Association Fee: 836
Association Fee Frequency: Monthly
Tax Annual Amount: 2500
Tax Year: 2025
Tax Legal Description: ROYAL SOUTH BEACH CONDO UNIT 103 UNDIV 270/20383 INT IN COMMON ELEMENTS OFF REC 21561-4692 COC 24514-3266 03 2006 1
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee: 0
Application Information
3-4 Weeks Approval: 1
Amenities
Elevator(s): 1
Laundry: 1
Trash Chute: 1
Other: 1
Association Amenities
Maintenance: 1
Flooring
Ceramic Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Okay To Lease During First Year: 1
Short Term Rentals Allowed: 1
Property Condition
Resale: 1
Possession
Close Of Escrow: 1
Special Information
Sold As-Is: 1
View
Other: 1
Heating
Window/Wall: 1
Leasing Restrictions
Leasing - Max Times Per Year: 360
Leasing - Minimum Number of Days: 1
Unit Description
Studio: 1
Appliances
Electric Range: 1
Microwave: 1
Refrigerator: 1
Construction Materials
Block: 1
Interior Features
Elevator: 1
Listing Terms
Cash: 1
Other: 1
Security Features
Lobby - Attended: 1
Security System: 1
Cooling
Wall/Window Unit(s): 1
Association Type
Homeowner Association: 1
Showing Requirements
24 Hour Notice: 1
Master Bedroom/Bath
None: 1
Pets Allowed YN
No: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Deck: 1
Price Calculations
Current Price To SqFt: 720.37
Section Details
Parcel Number MLX: 0050
Status Change Information
Major Change Timestamp: 2026-10-22T08:10:50Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-22T08:10:50Z
Status Change Date: 2026-06-27
Originating Details
Originating System Key: 515735726
Originating System ID: M00000151
Property Features
Application Information: 3-4 Weeks Approval
Association Amenities: Maintenance
Flooring: Ceramic Tile
Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year; Short Term Rentals Allowed
Property Condition: Resale
Appliances: Electric Range; Microwave; Refrigerator
Construction Materials: Block
Cooling: Wall/Window Unit(s)
Association Type: Homeowner Association
Heating: Window/Wall
Interior Features: Elevator
Listing Terms: Cash; Other
Pets Allowed YN: No
Possession: Close Of Escrow
Security Features: Lobby - Attended; Security System
Special Information: Sold As-Is
Tax Information: Tax Reflects No Exemptions
Unit Description: Studio
View: Other
Showing Requirements: 24 Hour Notice
Outdoor Living Spaces: Deck
Royal's History 
Listing Office: Best of Luxury Realty Corp.
Last Updated: October - 23 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
