1231 Pennsylvania Ave # 9, Miami Beach FL 33139
Miami Beach, FL, 33139
$199,000
+ 13 more photos
Property facts
- Status
- Active
- Price
- $199,000
- Bathrooms
- 1
- Living area
- 446 sqft
- Year built
- 1965
- Type
- Condominium
- Garage spaces
- 1
- HOA fee
- $564 / monthly
- Days on market
- 97
- On market
- May 20, 2026
- MLS #
- A12022372
About this condominium
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 confirmation Same 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.
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Listing courtesy of Soledad Mendoza-Puiggros, The Keyes Company, 305-594-2600. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.