Condo-Hotel Units with Beach
For Sale
Contact for pricing
763 E Pennsylvania Ave, Miami Beach, FL 33139
33 Condo-Hotel units with no rental restrictions, near beach.
Property SizeContact for details
Days on Market716
Property Features for 763 E Pennsylvania Ave
General Information
Standard status
Active
Property subtype
Business for Sale, Retail, Hospitality
Building Details
Year Built
1936
Stories
3
Units
13
Listing Agency:
Best Of Luxury Realty Corp
Listed By:
Dennys Gonzalez · License #3210080
(305) 406-7165
Source:
Crexi
Added: Sep 23, 2024
Changed: Sep 3
Last Checked: Sep 8 at 6:49AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,318
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
