1231 Penn Inc Condo Condo For Sale
1231 Pennsylvania Ave, Unit 9, Miami Beach, FL 33139

$199,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A12022372
  • Unit Number:9
  • List Price: $199,000
  • Living Area: 446 Ft² / 41 M²
  • Price Per Foot/Meter: $446 / $4,803
  • Full Baths:1
  • Maintenance:$564
  • Taxes:$3,238
  • Year Built:1965
  • Listing Date:May 20, 2026

Description


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. 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.

Features


  • Floor:Marble
  • Interior Feature:ClosetCabinetry, SecondFloorEntry, SittingAreaInPrimary, TubShower
  • Exterior Feature:SecurityHighImpactDoors

Location


Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker