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763 Pennsylvania Ave # 130, Miami Beach FL 33139
About this home
A great offer to have an affordable beach condo in one of the country’s most iconic vocational destinations + to receive easy passive income. You can stay in the apartment yourself or to rent it daily, weekly, monthly! ROYAL SOUTH BEACH CONDO is one of the few buildings in Miami Beach approved for Full AIRBNB / Short-Term Rentals with no restrictions. ALL the utilities are covered by HOA fee: unlimited electricity, unlimited water usage, cable TV, Wi-Fi, 24/7 front desk, trash removal and all the buildings expenses including building insurance. Friendly front desk staff will meet you or your guests with a smile on their faces. They will check your guests in, check them out, answer all their questions and even hold their luggage before checking in or after checking out if needed.
Features
- First Floor Entry
- East Of Us1
- Other
- Garden View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $860
- HOA
- $836 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.