$135,000
SOLD NOV 11, 2024

763 Pennsylvania Ave Unit 116 Miami Beach, FL 33139

Flamingo Neighborhood
-- Bed
1 Bath
270 Sq Ft
$836/mo HOA Fee

Recently Sold

$500 Per Sq Ft

29% Below List Price

219 Days on Market

Highlights

  • Doorman
  • Furnished
  • Views
  • South Pointe Elementary School Rated A-
  • Cooling Available
  • Patio

About This Home

As of November 2024

FULL AIRBNB / SHORT-TERM RENTAL! Historic Art Deco Building, Lobby, 24/7 concierge, Elevator, Security cameras, Two blocks from beaches and Ocean Drive Art Deco District,the choice is yours to rent daily, weekly, monthly. Optional Hotel Program, NO RENTAL RESTRICTIONS. Maintenance includes: Building insurance, waste removal, water, hot water, electricity, Cable TV, Internet/Wi-fi, Check ins/Check outs. Full service hotel program available 60-40% or partial service including: Cleaning, linen, towels, beach towels, shampoo, paper towel, luggage storage.Friendly front desk staff will meet you of your guests with a smile on their faces. They will check your guests in, check them out, answer all their questions and even hold their luggage before checking in or after checking out if needed.

Last Agent to Sell the Property

Eva Schultz

Beachfront Realty Inc License #3194552 Listed on: 04/04/2024

Beachfront Realty Inc

Last Buyer's Agent

Eva Schultz

Beachfront Realty Inc License #3194552 Listed on: 04/04/2024

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1936

HOA Fees

  • $836 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 270 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Shower Only

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-270-0310

Community Details

Overview

  • Royal South Beach Condo
  • Royal South Beach Condo Subdivision

Amenities

  • Doorman
  • Lobby
  • Secure Lobby
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,876

Year Built

Built in 1936

Lot Details

0

HOA Fees

$836 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: ROYAL SOUTH BEACH CONDO
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Lobby, First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 270
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Royal South Beach Condo
  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 836
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-270-0310
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Oct 30, 2024
Sold by
Nehme Adam A
Bought by
R & W Munson Llc
Seller's Agent
Eva Schultz
Beachfront Realty Inc
Buyer's Agent
Eva Schultz
Beachfront Realty Inc
List Price
$190,000
Sold Price
$135,000
Premium/Discount to List
-$55,000
-28.95%
Views
179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.18%

Purchase Details

Closed on
Apr 8, 2005
Sold by
Nehme Adam A and Botofan Nehme Gabriela
Bought by
Nehme Adam A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 Market Title
Warranty Deed $135,000 Market Title
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $187,000 +38.5% $693 / Sq Ft
11/11/2024 11/11/24 Sold $135,000 -22.9% $500 / Sq Ft
08/27/2024 08/27/24 Price Changed $175,000 -7.9% $648 / Sq Ft
04/05/2024 04/05/24 For Sale $190,000 -- $704 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,965 $127,050 -- --
2024 $1,876 $92,434 -- --
2023 $1,876 $84,031 $0 $0
2022 $1,634 $76,392 $0 $0
2021 $1,485 $69,448 $0 $0
2020 $1,458 $96,188 $0 $0
2019 $1,426 $101,250 $0 $0
2018 $1,312 $101,250 $0 $0
2017 $1,280 $47,436 $0 $0
2016 $1,115 $43,124 $0 $0
2015 $1,031 $39,204 $0 $0
2014 $802 $35,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Demi Ruiz

    Compass Florida, LLC.

    (305) 662-7325

    60 Total Sales

    Section Image

  • E

    Seller's Agent in 2024

    Eva Schultz

    Beachfront Realty Inc

    (310) 505-8470

    5 in this area

    12 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11562923

MIAMI REALTORS® MLS

APN: 02-4203-270-0310

Florida Miami/Dade County Miami Beach 33139 Flamingo

763 Pennsylvania Ave Unit 116, Miami Beach, FL

This home is located at 763 Pennsylvania Ave Unit 116, Miami Beach, FL 33139 and is currently priced at $135,000, approximately $500 per square foot. This property was built in 1936. 763 Pennsylvania Ave Unit 116 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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