$194,500was $200,000
763 Pennsylvania Ave #103
Studio · 1 ba · 270 sq ft
Asking price cut 2.8% on October 22, from $200,000.
Listing courtesy of Best of Luxury Realty Corp.. 305-407-1657
From the MLS
- Bedrooms
- Studio
- Bathrooms
- 1
- Living area
- 270 sq ft
- Asking per square foot
- $720
- Year built
- 1936
- Association fee
- $836 monthly
- ZIP code
- 33139
- MLS number
- A12044308
What the listing says
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.
Description supplied by Best of Luxury Realty Corp..
Before you offer on this one
The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.
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