1231 Pennsylvania Avenue #9 Miami Beach, FL 33139

$199,000
1
Baths
446
SQFT
446
$/SQFT
$199,000
1
Baths
446   sf
$446 / sf
Favorite

active
1/25
virtual tour iconVirtual Tour
Street View

Rare opportunity in the heart of South Beach! Bright and spacious studio with den, assigned parking, in-unit washer & dryer, and a full kitchen — a major advantage compared to many South Beach studios with only kitchenettes. Functional layout with flexible den space ideal for a home office or guest area. Just blocks from Lincoln Road, Española Way, Flamingo Park, and only minutes from the beach. Enjoy being surrounded by top restaurants, cafés, shopping, nightlife, and everything that makes Miami Beach living unique. Excellent investor opportunity with tenant in place through January 2027 paying $1,800/month, providing immediate rental income and an estimated 5.83% ROI. Aprox.Same owner also offers Unit #8, a 1-bedroom + den residence featuring assigned parking and in-unit washer & dryer. Excellent opportunity for investors seeking multiple units in the same South Beach building.

Rare opportunity in the heart of South Beach! Bright and spacious studio with den, assigned parking, in-unit washer & dryer, and a full kitchen — a major advantage compared to many South Beach studios with only kitchenettes. Functional layout with flexible den space ideal for a home office or guest area. Just blocks from Lincoln Road, Española Way, Flamingo Park, and only minutes from the beach. Enjoy being surrounded by top restaurants, cafés, shopping, nightlife, and everything that makes Miami Beach living unique. Excellent investor opportunity with tenant in place through January 2027 paying $1,800/month, providing immediate rental income and an estimated 5.83% ROI. Aprox.Same owner also offers Unit #8, a 1-bedroom + den residence featuring assigned parking and in-unit washer & dryer. Excellent opportunity for investors seeking multiple units in the same South Beach building.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Miami-Dade County
  • Area
    1231 Penn Inc Condo
  • HOA Dues
    $564/mo
  • Tax Amount
    $3,238
  • Status
    Active
  • Listing #
    A12022372
  • Built
    1965
  • Listed on site
    13 days
  • Listing Agent Id
    3324756
  • Listing Agent Phone
    786-389-9414

Listed by:
The Keyes Company

Source:
MIAMI MLS

Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • Has HOA
rating icon
GREAT DEAL
NEW!
Favorite

Tour This Home

Thu
04Jun
Fri
05Jun
Sat
06Jun
Sun
07Jun
Mon
08Jun
Tue
09Jun
Wed
10Jun
Thu
11Jun
Fri
12Jun
Sat
13Jun
Sun
14Jun
Mon
15Jun
Tue
16Jun
Wed
17Jun
in Person
via Video Call