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1027 Pennsylvania Ave Unit 101, Miami Beach, Florida 33139

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Active For Sale
$260,000
  • Beds 1
  • Baths 1
  • Sq Ft 580 Sqft
  • Visits: 101 in 241 days

Description

INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! This is the income-producing asset you’ve been waiting for! Fully rented 1BD/1BA South Beach condo generating $2,000/month with a locked-in lease through January 2026. That’s ZERO vacancy risk and immediate, guaranteed returns. Located just steps from world-famous beaches in one of Miami’s highest-demand rental zones, this light-filled unit features an open layout, stainless steel appliances, walk-in closet, and generous kitchen space—perfect for long-term tenant appeal. With a strong rental history and reliable tenant in place, this is a turnkey investment, no management headaches, and solid ROI. Secure a profitable asset in one of the most iconic markets in the U.S. – South Beach!

Features

  • Heating System: Central
  • Cooling System: Central Air
  • Pet Policy: Yes, Conditional
  • Security: Complex Fenced, Key Card Entry
  • Parking: On Street

Appliances

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Trash Compactor

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami Beach
  • Subdivision: PENN PLAZA CONDO
  • Zipcode: 33139
  • Street: Pennsylvania Ave
  • Street Number: 1027
  • Floor Number: 0
  • Longitude: W81° 51' 56.6''
  • Latitude: N25° 46' 52''
  • UnitNumber: 101
  • MLS Area: 42

MLS Addon

  • Association Amenities: Laundry
  • Association Fee: $466
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Structure, Insurance, Laundry
  • Close Price: $0
  • Exterior Features: Fence
  • Flooring: Vinyl
  • Insurance Expense: $0
  • Interior Features: Bedroom On Main Level, First Floor Entry
  • Laundry Features: Common Area
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Stories Total: 3
  • Tax Annual Amount: $3,408
  • Tax Year: 2024

Location

Listing Updated: 2025-04-15 05:15:17

  • Parent : 1027::Pennsylvania Ave:33139:Miami Beach
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11643933
  • Price : $260,000
  • View : Other
  • Bedrooms : 1
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 580 Sqft
  • Year Built : 1925
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 240
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