Penn Eleven Co Op Condo For Sale
1060 Pennsylvania Ave, Unit 4, Miami Beach, FL 33139

$159,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11839216
  • Virtual Tour: YES
  • Unit Number:4
  • List Price: $159,000
  • Living Area: 380 Ft² / 35 M²
  • Price Per Foot/Meter: $418 / $4,504
  • Full Baths:1
  • Maintenance:$5,783
  • Taxes:$1,114
  • Year Built:1962
  • Listing Date:July 12, 2025
  • Days On Market:141

Description


INVESTORS!!! Make at least 10% annual ROI with this cash cow rented at $1,700/month until Dec 2025. Prime South Beach location – updated and fully furnished studio. Building has passed 40-year recertification and owns the land outright. This co-op has invested ~$700K in capital improvements completed in the last 5 years (electrical, structural, roof). No special assessments. Low HOA paid yearly. Well-managed, extremely quiet, and safe building. Unit features two entrances, including a private street entrance. Steady rental income. Cash-only purchase. NO SHORT TERM RENTALS ALLOWED. Rent minimum twice per year. Contact listing agent @oberdel (Ober Delgado) for a showing

Features


  • Floor:Laminate
  • Interior Feature:BedroomOnMainLevel, ClosetCabinetry, FirstFloorEntry
  • Exterior Feature:Courtyard

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker