$250,000
 $1,342 est/mo Sourced by Back At You

1231 Pennsylvania Ave 8,Miami Beach, FL 33139

Miami Beach, FL 33139

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Description

Rare opportunity in the heart of South Beach! Bright and spacious 1 bedroom 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 June 2027 paying $2000/month, providing immediate rental income and an estimated 4,5% Unfurnished. ROI. Same owner also offers Unit #9, a studio + den residence featuring assigned parking and in-unit washer .Excellent opportunity for investors seeking multiple units in the same South Beach building.

Details

MLS #A12027093
Listing TypeFor Sale
StyleCondominium
HOA Dues$768
Sub-TypeResale
StatusActive
Year1965
Days On Site88
Listing Provided ByThe Keyes Company | Soledad Mendoza-Puiggros

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet675
Garage1
Story(s)2
Property ViewNone

Parking

Garage Yes / NoYes
Parking FeaturesOne Space

Taxes

Tax Annual Amount3712

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area42
Community Name1231 PENN INC CONDO
Listing VS Median (in 1231 PENN INC CONDO)
Price:
$250,000
low | high
Med:
$199,000
70.4% of Average
sqft:
675
low | high
Med:
446
83.925925925926% of Average
$ / sqft:
$370
low | high
Med:
$446
29.529147982063% of Average
On site:
88
low | high
Med:
96
91.666666666667% of Average
Sourced by Back At You

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Learn More About This Property

DoMi Real Estate Advisors

DoMi Real Estate Advisors

 (305) 646-9096info@domirealestate.com
StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area42
Community Name1231 PENN INC CONDO
Listing VS Median (in 1231 PENN INC CONDO)
Price:
$250,000
low | high
Med:
$199,000
70.4% of Average
sqft:
675
low | high
Med:
446
83.925925925926% of Average
$ / sqft:
$370
low | high
Med:
$446
29.529147982063% of Average
On site:
88
low | high
Med:
96
91.666666666667% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $187K - $312K
sqft: 506 - 844
Nearby Listings Property ImageNearby Listings Details
1231 Pennsylvania Ave 10 Property Photo 1
$176,000
1231 Pennsylvania Ave 10
Miami Beach, FL 33139
1235 Pennsylvania Ave 4E Property Photo 1
$330,000
1235 Pennsylvania Ave 4e
Miami Beach, FL 33139
1218 Drexel Ave 204 Property Photo 1
$299,000
1218 Drexel Ave 204
Miami Beach, FL 33139
1255 Pennsylvania Ave 307 Property Photo 1
$299,900
1255 Pennsylvania Ave 307
Miami Beach, FL 33139
1255 PENNSYLVANIA AV 102 Property Photo 1
$299,000
1255 Pennsylvania Av 102
Miami Beach, FL 33139
Listing Updated: August 24, 2026 at 8:59:06 AM PDT
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