$199,000

1231 Pennsylvania Ave 9, Miami Beach, FL 33139

  • 1 bath |
  • 446 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $446/sqft
  • Property List Date Icon Listed 23 hours ago

Property Description

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.

Listing Status:
Active
Date Added:
May 20, 2026
Data Last Updated:
May 21, 2026 at 4:08AM
Listing Office:
The Keyes Company : 305-594-2600
Listing Agent:
Soledad Mendoza-Puiggros : 786-389-9414
MLS ID:
A12022372
  • General: Interior HallSecond Floor EntryCloset CabinetryLaundry TubDen/Library/Office
  • Appliances: Gas Water HeaterGas RangeRefrigerator
  • Laundry: Laundry Tub
  • Flooring: Marble
  • A/C: Ceiling Fan(s)ElectricWall/Window Unit(s)
  • Heating: Other
  • Parking: 1 Space
  • General: Concrete Block Construction
  • HOA Amenities: Exterior Lighting564.0Monthly
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 1231 PENN INC CONDO APT 9 SECOND FLOOR UNDIV 6.4394 % INT IN COMMON ELEMENTS CLERKS FILE 64R-187107 OR 20469-1315 06 2002 4 COC 21438-2393 002-42-03-024-0090
  • View: Other ViewView
  • Source: Miami Association of REALTORS®

This listing courtesy of Soledad Mendoza-Puiggros , The Keyes Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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