$195,000list price
Per sq ft$305
1 bd · 1 ba · 639 sq ft Condo or villa
8040 TATUM WATERWAY DR #11, MIAMI BEACH, FL 33141
Listing courtesy of Triluxe Realty LLC. MLS# A12113355.On the MLS · Listed Oct 24
$194,500
763 PENNSYLVANIA AVE #103, MIAMI BEACH, FL 33139
Studio1 bath270 sq ftCondo or villaBuilt 1936
Updated today, November 3, 2026This home against Miami Beach
$720 per sq ft, 3% over the Miami Beach median
131 days on the market
Price cut $5,500 since it was listed at $200,000
$2,500 in property taxes (2025)
Miami Beach today: 1,853 homes for sale, median list price $659,000.
About this home
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.
Zoned schools
Elementary: Miami Beach South Pointe Elementary School
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi
Distances from the center of MIAMI BEACH.
Listing courtesy of Best of Luxury Realty Corp.. MLS# A12044308.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed June 25, 2026.
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