1231 Pennsylvania Avenue Unit 9, Miami Beach, FL 33139

$199,000
1
BA
446
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$199,000
Days on Market
73
MLS#
A12022372
Full Bathrooms
1
Sq. Ft
446
Subtype
Condominium
County
Miami-Dade
Subdivision
1231 Penn Inc Condo
Year Built
1965

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

Additional Information

Garage Spaces
1
Hoa
Yes
Hoa Amount
564
Pets Allowed
Pet Restrictions, Yes
Construction
Block
Cooling
Ceiling Fan(s), Electric, Wall/Window Unit(s)
Flooring
Marble
Heating
Other
Security
None
Taxes
$3,238
View
Other
Stories
2
Price Per Sqft
$446
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Keyes Company. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Soledad Mendoza-Puiggros | Email: Solemendoza@icloud.com