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1027 Pennsylvania Ave Unit 101, Miami Beach, Florida 33139

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Active For Sale
$262,000
  • Beds 1
  • Baths 1
  • Sq Ft 580 Sqft
  • Visits: 65 in 203 days

Description

?? INVESTOR ALERT – TURNKEY INCOME PROPERTY! ?? Immediate cash flow from day one with a tenant already in place paying $2,000/month—no vacancies, no hassle! This South Beach 1-bedroom condo offers a prime investment opportunity with a long-term lease secured until 1/31/2026, ensuring stable rental income. Located just blocks from the ocean in a high-demand rental market, this bright and airy unit features an open floor plan, a large walk-in closet, stainless-steel appliances, and ample cooking space. With a tenant in place for over a year, this property is a proven income generator. Don’t miss out on this rare chance to own a profitable, hands-off rental in one of Miami’s hottest locations!

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: 2025-03-07 22:20:21

  • Parent : 1027::Pennsylvania Ave:33139:Miami Beach
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11643933
  • Price : $262,000
  • 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 : 202
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