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1231 Pennsylvania Ave Unit 9, Miami Beach, Florida 33139

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Active For Sale
$199,000
  • Beds 0
  • Baths 1
  • Sq Ft 446 Sqft
  • Visits: 1 in 3 days

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.rnSame 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.

Features

  • Heating System: Other
  • Cooling System: Electric, Ceiling Fan(s), Wall/Window Unit(s)
  • Parking: One Space

Appliances

  • Appliances: Refrigerator, Gas Range, Some Gas Appliances, Gas Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami Beach
  • Subdivision: 1231 PENN INC CONDO
  • Zipcode: 33139
  • Street: Pennsylvania Ave
  • Street Number: 1231
  • Floor Number: 0
  • Longitude: W81° 51' 58.5''
  • Latitude: N25° 47' 0.5''
  • UnitNumber: 9
  • MLS Area: 42

MLS Addon

  • Association Fee: $564
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Sewer, Trash, Water
  • Close Price: $0
  • Elementary School: Flamingo
  • Exterior Features: Security/High Impact Doors
  • Flooring: Marble
  • Garage Spaces: 1
  • High School: Miami Beach
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Second Floor Entry, Living/Dining Room, Sitting Area in Primary, Closet Cabinetry, Dining Area, Tub Shower
  • Laundry Features: Laundry Tub
  • Middle Or Junior School: Nautilus
  • New Taxes Expense: $0
  • Stories Total: 2
  • Tax Annual Amount: $3,238

Location

Listing Updated: 2026-05-21 08:15:11

  • Parent : 1231::Pennsylvania Ave:33139:Miami Beach
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12022372
  • Price : $199,000
  • View : Other
  • Bedrooms : 0
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 446 Sqft
  • Year Built : 1965
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 2
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