1231 Pennsylvania Ave Unit #9, Miami Beach, FL 33139
- $199,000
- 1
- BA
- 446
- SqFt
- List Price
- $199,000
- MLS#
- A12022372
- Complex Name
- 1231 Penn Condo
- Status
- ACTIVE
- Type
- Condo
- Full baths
- 1
- Living Area
- 446
Property 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. Aprox.Property is tenant occupied; same-day showing requests may be subject to delays and confirmation 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.
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Additional Information
- Days on Market
- 71
- Interior Features
- Interior Hall, Second Floor Entry, Closet Cabinetry, Laundry Tub, Den/Library/Office
- Tax Amount
- $3,238
- Parcel Number
- 02-42-03-024-0090
- #Garage Spaces
- 1
- Bedroom Description
- At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom
- Association Fee
- $564
- Unit View
- Other View
- Parking Restrictions
- 1 Space
- Pet Restrictions
- Restrictions Or Possible Restrictions
- Pets Allowed
- Yes
- Unit Number
- 9
- Elementary School
- Flamingo
- SqFt Liv Area
- 446
- Amenities
- Exterior Lighting
- Year Built
- 1965
- Style
- Condo 5+ Stories, Condo
- Restrictions
- Okay To Lease 1st Year
- Development Name
- 1231 Penn Inc Condo
- Middle School
- Nautilus
- Senior High School
- Miami Beach
- Construction Type
- Concrete Block Construction
- Section
- 3
Mortgage Calculator
Listing Courtesy of The Keyes Company, Contact: 786-389-9414