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1231 Pennsylvania Ave #9

Miami Beach, FL 33139
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Bed 0

Bed

Bath 1

Bath

Acres446

Acres

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.

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Detail Ic Property Details

Property Type : Residential

Price : $199,000

AD Id : 78957448

MLS Id : A12022372

Living Area Size : 446

Year Built : 1965

Garage : 1

County : Miami-Dade

Subdivision: 1231 Penn Condo

  • Map Map

Map

Feature Features

  • Interior Features

    BedroomOnMainLevel, ClosetCabinetry, DiningArea, SecondFloorEntry, LivingDiningRoom, SittingAreaInPrimary, TubShower
    Appliances: SomeGasAppliances, GasRange, GasWaterHeater, Refrigerator
    Laundry Features: LaundryTub
  • Heating & Cooling

    Heating: Other Has Cooling: Yes Cooling: CeilingFans, Electric, WallWindowUnits

  • Building Information

    Year Built: 1965
    Building Area Total: 446
    Construction Materials: Block
    Private Pool: No
    View: Other
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: SecurityHighImpactDoors

  • Listing Price Information

    Listing Price: $199000
    Cash, Conventional

  • Tax Information

    Parcel Number: 02-42-03-024-0090 Tax Year: 2025 Annual Tax: $3238 Tax Legal Desc: 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 0

  • Parking Information

    OneSpace

    Garage Information

    Has Garage: Yes Garage Space: 1 Pets Allowed: Conditional, Yes

    Homeowners Association Information

    Included Fees: Sewer, Trash, Water
    HOA: $564.00

  • School Information

    Elementary School: Flamingo Junior High School: Nautilus Senior High School: Miami Beach
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
90 Alton Rd #307, Miami Beach, FL, 33139 $625,000 1 1 740 740 SqFt
1235 Euclid Ave #16, Miami Beach, FL, 33139 $199,999 -- 1 430 430 SqFt
1555 Pennsylvania Ave #.., Miami Beach, FL, 33139 $210,000 1 1 428 428 SqFt
520 West Ave #1203, Miami Beach, FL, 33139 $975,000 1 1 776 776 SqFt
1569 Euclid Ave #7, Miami Beach, FL, 33139 $365,990 1 1 570 570 SqFt
1100 West Ave #410, Miami Beach, FL, 33139 $499,000 1 1 696 696 SqFt
1000 Michigan Ave #704, Miami Beach, FL, 33139 $375,000 1 2 823 823 SqFt
100 Meridian Ave #233, Miami Beach, FL, 33139 $1,025,000 2 2 940 940 SqFt
618 Euclid Ave #303, Miami Beach, FL, 33139 $270,000 1 2 703 703 SqFt
1526 Pennsylvania Ave #20, Miami Beach, FL, 33139 $239,000 1 1 456 456 SqFt

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ByOwner last updated this listing 06/11/2026 @ 06:45

MLS: A12022372 LISTED BY: Soledad Mendoza-Puiggros, The Keyes Company 305-594-2600 SOURCE: SEFMIAMI

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