763 E Pennsylvania Ave, Miami Beach, FL 33139

Building Details

Year Built

1936

Listing agent Dennys Gonzalez License #3210080

Listing office Best Of Luxury Realty Corp

Listing date Sep 23, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Best Of Luxury Realty Corp

Report an issue

---

Overview

This offering includes 33 out of 42 total units in a Condo-Hotel with beach access located two blocks away. Also available for sale are the commercial spaces on the ground level facing Washington Ave. The property is licensed for nightly rentals and has no rental restrictions. The HOA fee is all-inclusive, covering 24/7 front desk service, insurances, and utilities. All units are fully furnished, with full bathrooms and equipped kitchenettes. The building has passed the 40-Year Recertification. This presents an ideal opportunity for hotel operators, developers, or those looking to expand their short-term rental portfolio.

Suggested Use

Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Real Estate Agency Daycare Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Miami Beach

County

Miami-Dade

State

Florida

Longitude

-80.133675

Latitude

25.778166

Nearby Similar for Sale

• 

  $2,800,000

  7,800 SF

  South Beach Retail Investment Opportunity

  Income-producing retail spaces in the heart of South Beach.

  764 Washington Ave, Miami Beach, FL 33139

  View Details
• 

  $16,999,000

  8,000 SF

  Faena District Hospitality Asset

  Partially completed mixed-use hospitality asset in Miami Beach's Faena District.

  2814 Collins Ave, Miami Beach, FL 33140

  View Details
• 

  $5,000,000

  7,762 SF

  Alton Road Retail Opportunity

  Four-unit building on a high-traffic corridor with redevelopment potential.

  1558 Alton Rd, Miami Beach, FL 33139

  View Details
• 

  $795,000

  860 SF

  Lincoln Road Retail Opportunity

  Prime retail space on iconic Lincoln Road in Miami Beach.

  1300 Lincoln Rd, Miami Beach, FL 33139

  View Details
• 

  $11,000,000

  8,006 SF

  Miami Beach Retail Redevelopment Opportunity

  Prime commercial property with redevelopment potential in Miami Beach.

  1441 Alton Rd, Miami Beach, FL 33139

  View Details
• 

  $9,000,000

  600 SF

  Iconic South Beach Property

  Rare opportunity to own a landmark nightlife property.

  1527 Washington Ave, Miami Beach, FL 33139

  View Details
• 

  $3,850,000

  6,960 SF

  Multifamily Investment in Miami Beach

  Multifamily property on oversized lot with renovation potential in Miami Beach.

  800 85th St, Miami Beach, FL 33141

  View Details
• 

  $16,000,000

  22,750 SF

  Miami Beach Development Opportunity

  Rare South of Fifth development opportunity with income and upside.

  249 Collins Ave, Miami Beach, FL 33139

  View Details
• 

  $7,130,000

  6,705 SF

  Miami Beach Multifamily Investment Opportunity

  Upgraded multifamily property near North Beach, Miami Beach.

  8035 ABBOTT AV, Miami Beach, FL 33141

  View Details
• 

  $2,850,000

  2,558 SF

  Turnkey 8-Room Bed & Breakfast

  Fully-licensed turnkey boutique bed and breakfast offering eight guest rooms in a historic Miami Beach setting.

  711 Lenox Ave, Miami Beach, FL 33139

  View Details
• 

  $2,499,900

  Historic Miami Beach Mixed-Use Property

  Restore a historic Miami Beach property near the ocean.

  927 4th St, Miami Beach, FL 33139

  View Details
• 

  $2,350,000

  3,872 SF

  Miami Beach Multifamily Opportunity

  Four-unit property in Normandy Isles with income potential.

  1791 Marseille Dr, Miami Beach, FL 33141

  View Details

FAQs

What type of property is this?

Hotel - 33 Condo-Hotel units with no rental restrictions, near beach.

Where is this hotel located?

The property is located at 763 E Pennsylvania Ave Miami Beach, FL.

What is the asking price?

The asking price for this property is $7,590,000.

What are key features of this property?

This property features: Acquisition of 33 out of 42 condo‑hotel units with commercial spaces available.; Licensed for nightly rentals with no rental restrictions.; All‑inclusive HOA fee covering 24/7 front desk, insurance, and utilities.