Miami Beach, FL 33139 1231 Pennsylvania Ave 9
$199,000



20 more




















Presented By: This listing is courtesy of The Keyes Company
Home Details
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.
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.
Presented By: This listing is courtesy of The Keyes Company
Interior Features for 1231 Pennsylvania Ave 9
Bedrooms
Total Bedrooms
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
FlooringMarble
Interior AmenitiesBedroomOnMainLevel, ClosetCabinetry, DiningArea, SecondFloorEntry, LivingDiningRoom, SittingAreaInPrimary, TubShower
Laundry FeaturesLaundryTub
Total Stories2
Other Rooms
Entry Level2
General for 1231 Pennsylvania Ave 9
AppliancesSomeGasAppliances, GasRange, GasWaterHeater, Refrigerator
Assoc Fee Paid PerMonthly
Association Fee IncludesSewer, Trash, Water
AttributionContact786-389-9414
Building FeaturesExteriorLighting
CityMiami Beach
Construction MaterialsBlock
CoolingCeilingFans, Electric, WallWindowUnits
CountyMiami-Dade
Elementary SchoolFlamingo
Entry Location2
Full Baths1
Garage Spaces1
Garage Y/NYes
HOA Fee$564
HeatingOther
High SchoolMiami Beach
Lease Considered Y/NNo
Legal Description1231 PENN INC CONDO APT 9 SECOND FLOOR UNDIV 6.4394 % INT IN COMMON ELEMENTS CLERKS FILE 64R-187107 OR 20469-1315 06 2002 4 COC 21438-2393 0
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area42
Middle/Junior High SchoolNautilus
Occupancy TypeTenant
Pets AllowedConditional, Yes
PossessionSubjectToTenantRights
PostalCityMiami Beach
Property Attached Y/NNo
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
RestrictionsOkayToLease1stYear
Senior Community Y/NNo
Special Listing ConditionsListedAsIs
Standard StatusActive
StatusActive
Subdivision Name1231 PENN INC CONDO
Tax Annual Amount3238
Tax Year2025
Total Rooms0
Unit Number9
ViewOther
Virtual TourClick here
Year Built1965
Year Built DetailsEffective Year Built
Exterior for 1231 Pennsylvania Ave 9
Building Area Total446
Covered Spaces1
Exterior AmenitiesSecurityHighImpactDoors
Parking FeaturesOneSpace
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Miami Beach High School
Rosa Padron
Realtor
SQFT • 446