New Listing - 05/20/2026
1231 Pennsylvania Ave, #9, Miami Beach, FL, 33139
0 beds
1 Full baths
1965
446 sqft
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.
Status:
Active
Type:
Condo
Laundry Remarks:
Laundry Tub
Complex:
1231 PENN INC CONDO
Garage:
1-car One Space
Heating:
Other
Cooling:
Ceiling Fan(s), Electric, Wall/Window Unit(s)
Levels:
2
Common Charge:
$564 Monthly
Est. Taxes:
$3,238
HOA Fee
$564
Construction
Block
View Description:
Other
Elementary School:
Flamingo
Middle School:
Nautilus
High School:
Miami Beach
Pet Allowed:
Yes
Pet Policy:
Conditional, Yes
Appliances:
Some Gas Appliances, Gas Range, Gas Water Heater, Refrigerator
MLS #:
A12022372
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of The Keyes Company 305-594-2600