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763 Pennsylvania Ave Unit #103, Miami Beach, FL 33139

$194,500
: 1
BA
: 270
SqFt

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List Price: $194,500
Price Change: ▼ $500 1792671299
MLS#: A12044308
Complex Name: Royal South Beach Condo
Status: ACTIVE
Type: Condo
Full baths: 1
Living Area: 270

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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.

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Additional Information

Days on Market: 118
Interior Features: Elevator
Tax Amount: $2,500
Parcel Number: 02-42-03-270-0050
Bedroom Description: None, Studio
Exterior Features: None
Association Fee: $836
Unit View: Other View
Parking Restrictions: None
Pet Restrictions: No
Pets Allowed: Yes
Unit Number: 103
Elementary School: South Pointe
SqFt Liv Area: 270
Amenities: Laundry, Elevator(s), Other, Trash Chute
Year Built: 1936
Style: Condo-Hotel, Condo
Restrictions: Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
Development Name: Royal South Beach Condo
Middle School: Nautilus
Senior High School: Miami Beach
Construction Type: Concrete Block Construction
Section: 3