Cays Realty
763 Pennsylvania Ave 131, Miami Beach, FL 33139 — MLS photo

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763 Pennsylvania Ave 131, Miami Beach, FL 33139

Active · Condominium

$169,898

763 Pennsylvania Ave 131, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
282 sq ft
$ / sq ft
$602/sq ft
Year built
1936
Lot size
—
HOA fee
$871 Monthly
Annual tax
$2,000

About this property

Back on the market QUICK SELL A great Can rent 1 day from day one! Top floor corner furnished South Beach studio 2 blocks from Ocean Drive Beach with natural light and open sky views in Hotel Royal Condominium. Rental allowed from day one with no waiting period. Updated bathroom, floors, and paint. 24-hour front desk service, solarium on the 2nd floor, and housekeeping service with bedding, towels, toiletries, and coffee service. Sleeps 3. Street parking available through the City for the owner. Maintenance includes electricity, water, trash, Wi-Fi, and TV

Property location

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763 Pennsylvania Ave 131, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
282 sq ft
Flooring
Tile
Appliances
Freezer, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Closet Cabinetry, Entrance Foyer, First Floor Entry, Handicap Access, Custom Mirrors, Elevator

Exterior & Structure

Property type
Condominium
Year built
1936
Stories
3
Construction
Block
Exterior features
Courtyard, Security High Impact Doors, Tv Antenna
View
Other, Skyline

Parking

Garage spaces
0
Covered spaces
0
Parking features
None, On Street

HOA, Community & Financials

Association fee
$871 Monthly
Fee inclusions
Association Management, Common Areas, Cable Tv, Electricity, Hvac, Hot Water, Internet, Maintenance Structure, Security, Trash, Water
Amenities
Clubhouse, Elevators, Library, None, Storage
Security
Fire Sprinkler System, Smoke Detectors
Pets allowed
No, Yes
Annual tax
$2,000
Subdivision
ROYAL SOUTH BEACH CONDO
County
Miami-Dade
Days on market
219
MLS listing ID
A11972585
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,066

Cap rate
-1.8%
Net yield
-1.8%
Cash-on-cash return
-26.9%
Gross yield
6.9%
Mortgage payment
$805/mo
Down payment
$42,475
Loan amount
$127,424
Annual NOI
-$3,122

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.