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901 Pennsylvania Avenue, Miami Beach, FL 33139

$3,250,000
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Sold Price
$3,250,000
List Price
$3,450,000
Days on Market
172
Closing Date
Aug 24, 2026
MLS#
A11998939
Subtype
Quadruplex
County
Miami-Dade
Subdivision
South Beach
Year Built
1948
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Property Description

Introducing 901 PENN, a prime South Beach investment on a 7,500 SF corner lot at Pennsylvania Ave & 9th St.This mixed-use property features six (6) apartments & four (4) ground-floor retail/office units with WashingtonAve visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investmentstrategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capitalimprovements—new roof (2023), exterior paint, AC units, & more. Positioned in a high-foot-traffic area,surrounded by hotels, restaurants, shopping, and nightlife, 901 PENN benefits from unbeatable exposure andwalkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world-class destination.

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Additional Information

Construction
Block
Cooling
Central Air, Wall/Window Unit(s)
Flooring
Concrete, Tile
Heating
Central, Separate Meters, Wall Furnace
Taxes
$59,664
Utilities
Cable Available
Stories
2
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
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Listing courtesy of Compass Florida, LLC. Contact:

Selling Office: Compass Florida, LLC.

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: Jesse Spencer | Email: jesse.spencer@compass.com