$199,000
 $1,068 est/mo Sourced by Back At You

1231 Pennsylvania Ave 9,Miami Beach, FL 33139

Miami Beach, FL 33139

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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.Property is tenant occupied; same-day showing requests may be subject to delays and confirmation 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.

Details

MLS #A12022372
Listing TypeFor Sale
StyleCondominium
HOA Dues$564
Sub-TypeResale
StatusActive
Year1965
Days On Site97
Listing Provided ByThe Keyes Company | Soledad Mendoza-Puiggros

Features

Bath(s) 1 Total
SQ Feet446
Garage1
Story(s)2
Property ViewOther

Parking

Garage Yes / NoYes
Parking FeaturesOne Space

Taxes

Tax Annual Amount3238

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area42
Community Name1231 PENN INC CONDO
Listing VS Median (in 1231 PENN INC CONDO)
Price:
$199,000
low | high
Med:
$199,000
50% of Average
sqft:
446
low | high
Med:
446
50% of Average
$ / sqft:
$446
low | high
Med:
$446
50% of Average
On site:
97
low | high
Med:
97
100% of Average
Sourced by Back At You

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Contact

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:
$199,000
low | high
Med:
$199,000
50% of Average
sqft:
446
low | high
Med:
446
50% of Average
$ / sqft:
$446
low | high
Med:
$446
50% of Average
On site:
97
low | high
Med:
97
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $149K - $248K
sqft: 335 - 558
Nearby Listings Property ImageNearby Listings Details
1211 Pennsylvania Ave B1 Property Photo 1
$189,000
1211 Pennsylvania Ave B1
Miami Beach, FL 33139
1211 Pennsylvania Ave E2 Property Photo 1
$1,750
1211 Pennsylvania Ave E2
Miami Beach, FL 33139
1245 Pennsylvania Ave 8 Property Photo 1
$1,700
1245 Pennsylvania Ave 8
Miami Beach, FL 33139
1245 Pennsylvania Ave 8 Property Photo 1
$205,000
1245 Pennsylvania Ave 8
Miami Beach, FL 33139
1255 Pennsylvania Ave 117 Property Photo 1
$289,000
1255 Pennsylvania Ave 117
Miami Beach, FL 33139
Listing Updated: August 25, 2026 at 8:11:43 AM PDT
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