Price Reduced 3.47%

$250,000 ($370.37 per sqft)

Est. Mortgage $1,297/mo *

Quick Pre-Approval

Price History

$259,000
5/16/2026

$250,000
6/18/2026


1231 Pennsylvania Avenue, #8, Miami Beach, FL, 33139

1231 Pennsylvania Avenue, #8, Miami Beach, FL, 33139

1 rooms

1 beds

1 Full baths

1965

675 sqft

Rare opportunity in the heart of South Beach! Bright and spacious 1 bedroom 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 June 2027 paying $2000/month, providing immediate rental income and an estimated 4,5% Unfurnished. ROI. Same owner also offers Unit #9, a studio + den residence featuring assigned parking and in-unit washer .Excellent opportunity for investors seeking multiple units in the same South Beach building.


Status:

Active

Type:

Condo

Complex:

1231 PENN INC CONDO

Garage:

1-car

Heating:

Other

Cooling:

Electric

Levels:

2

Est. Taxes:

$3,712

HOA Fee

$768 Monthly

Construction

Block

Amenities:

None, Parking

Elementary School:

Miami Beach Fienberg / Fisher K-8

High School:

Miami Beach

Days on Market:

51

Pet Policy:

Yes

Appliances:

Gas Range, Microwave, Refrigerator

MLS #:

A12027093


Community Info

School Info

Walk Score

Yelp


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