763 Pennsylvania Ave # 131, Miami Beach FL 33139

Discover a rare top-floor corner studio at the Royal Hotel South Beach, a 1936 condominium in the heart of Miami Beach. Located in Miami-Dade County, this furnished 282-square-foot residence offers abundant natural light, open-sky and skyline views, plus a charming courtyard outlook. The property is occupied through January 5.
Royal Hotel South Beach Unit 131 features first-floor entry access, an entrance foyer, elevator, closet cabinetry, custom mirrors, central air conditioning, and central heating. Included appliances are a refrigerator, microwave, free-standing freezer, and washer. The unit is accessible, pet-friendly, and protected by fire sprinklers, a fire alarm, and smoke detectors.

Royal Hotel South Beach Unit 131

Just two blocks from Ocean Drive and the beach, this is an excellent opportunity for personal use or Airbnb investment, with no rental restrictions and the potential to rent from day one. The owner invested approximately $6,000 in bathroom, flooring, and paint upgrades after purchasing the unit for $180,000 two years ago. Comparable original, unremodeled units have been offered between $170,000 and $180,000.
Residents enjoy 24-hour front desk service and a second-floor solarium. Hotel cleaning is available for $80, including bedding, towels, toiletries, and coffee service. The studio sleeps three, with potential for four using bunk beds. Parking includes on-street parking, a purchased space option, or city parking for the owner. The $871 monthly association fee includes electricity, water, trash, Wi-Fi, and cable TV. A six-month special assessment applies.
Miami offers year-round sunshine, beautiful beaches, vibrant nightlife, dining, arts, and convenient infrastructure. For details about 763 Pennsylvania Ave # 131, Miami Beach FL 33139, call or WhatsApp +1 786.468.4380.