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1231 Pennsylvania Ave, #9, Miami Beach, FL 33139

$199,000
Active for Sale
1 Baths
446 SF
Built In 1965
 
Listing ID 11861287
Property Type Condo
County Miami-Dade
Unit 9
FEMA Flood Map fema.gov/portal
Year Built 1965
Virtual Tour
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.
Property Details
  • 1 Full Bath
  • 446 SF (AG)
  • 446 SF (Total)
  • Built in 1965
  • 2 Stories
  • Unit 9
Interior Features
  • Oven/Range
  • Refrigerator
  • Appliance Hot Water Heater
  • Marble Flooring
  • Wall/Window A/C
Exterior Features
  • Masonry - Concrete Block Construction
  • 1 Garage Space
  • Subdivision: 1231 Penn Inc Condo
Listed By
The Keyes Company
Office: 305-594-2600
Mobile: 786-389-9414
Listing data is deemed reliable but is NOT guaranteed accurate.
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