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1231 Pennsylvania Avenue #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.Property is tenant occupied; same-day showing requests may be subject to delays and confirmationSame owner also off ers 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

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Feature Features

  • Interior Features

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

    Has Heating: Yes 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: Lighting

  • Listing Price Information

    Listing Price: $199000
    Cash, Conventional

  • Tax Information

    Parcel Number: 0242030240090 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

  • Garage Information

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

    Homeowners Association Information

    Has Association: Yes
    Included Fees: Sewer, Trash, Water
    HOA: $564.00

  • School Information

    Elementary School: Miami Beach Fienberg / Fisher K-8 Junior High School: Senior High School: Miami Beach
  • Location Information

    Security Features: None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1925 Washington Ave #16, Miami Beach, FL, 33139 $335,000 1 1 650 650 SqFt
450 Alton Rd #3505, Miami Beach, FL, 33139 $2,799,000 2 3 1,750 1,750 SqFt
101 20th St #3501, Miami Beach, FL, 33139 $9,475,000 4 4 2,411 2,411 SqFt
1616 Euclid Ave #6, Miami Beach, FL, 33139 $260,000 1 1 674 674 SqFt
1600 Euclid Ave #203, Miami Beach, FL, 33139 $280,000 1 1 528 528 SqFt
1300 Lincoln Rd #D204, Miami Beach, FL, 33139 $419,000 3 2 1,090 1,090 SqFt
1550 Drexel Ave #202, Miami Beach, FL, 33139 $335,000 1 1 580 580 SqFt
936 Pennsylvania Ave #205, Miami Beach, FL, 33139 $210,000 -- 1 455 455 SqFt
520 West Ave #2101, Miami Beach, FL, 33139 $2,790,000 3 4 1,994 1,994 SqFt
900 Meridian Ave #104, Miami Beach, FL, 33139 $265,000 1 1 535 535 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/20/2026 @ 07:56

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

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