1231 Pennsylvania Ave #9, Miami Beach, FL 33139
1231 Pennsylvania Ave #9, Miami Beach, FL 33139
1231 Pennsylvania Ave #9, Miami Beach, FL 33139
1231 Pennsylvania Ave #9, Miami Beach, FL 33139
1231 Pennsylvania Ave #9, Miami Beach, FL 33139
1231 Pennsylvania Ave #9, Miami Beach, FL 33139
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$ 199,000
Est. payment | /mo

1 Bath

446 SqFt


$ 199,000
Est. payment | /mo

1 Bath

446 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 446 sqft

Price per Sqft $446

Subdivision 1231 Penn Inc Condo

MLS Listing ID A12022372

Full Baths 1

HOA Fees $564/mo

HOA Y/N Yes

Min Days of Lease 180

Leases Per Year 2

Year Built 1965

Annual Tax Amount $3,238

Tax Year 2025

Property Sub-Type Condominium

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.

Location

State FL

County Miami-dade

Community 1231 Penn Inc Condo

Area 42

Interior

Interior Features Bedroom on Main Level, Closet Cabinetry, Dining Area, Second Floor Entry, Living/Dining Room, Sitting Area in Primary, Tub Shower

Heating Other

Cooling Ceiling Fan(s), Electric, Wall/Window Unit(s)

Flooring Marble

Appliance Some Gas Appliances, Gas Range, Gas Water Heater, Refrigerator

Laundry Laundry Tub

Exterior

Exterior Feature Security/High Impact Doors

Garage Spaces 1.0

View Other

Garage Yes

Private Pool Yes

Building

Building Description Block, Exterior Lighting

Structure Type Block

Schools

Elementary Schools Flamingo

Middle Schools Nautilus

High Schools Miami Beach

Others

Pets Allowed Conditional, Yes

HOA Fee Include Sewer,Trash,Water

Senior Community No

Restrictions Okay to Lease 1st Year

Tax ID 02-42-03-024-0090

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Conditional, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12022372

Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Keyes Company

Nearby Locations

Catherine Gomez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(305) 283-0872

info@catherinegomezrealtor.com

14335 SW 120th St. Suite 101, Miami , Florida, 33186, USA

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1231 Pennsylvania Ave #9