1231 Pennsylvania Ave #9, Miami Beach, FL 33139

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1231 Pennsylvania Ave #9,Miami Beach, FL 33139
$199,000
Virtual Tour
  • - Beds
  • 1 Baths
  • 446 sq. ft.
  • Condominium
  • Active
Listed by: soledad mendoza-puiggros
Office: the keyes company305-594-2600
MLS#:A12022372
Source:SEFMLS

Price summary

  • Price:$199,000
  • Price per sq. ft.:$446.19
  • Monthly HOA dues:$564

About this home

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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Home facts

  • Year built:1965
  • Subdivision & Development:1231 PENN INC CONDO
  • Listing ID #:A12022372
  • Updated:September 28, 2026 at 09:51 AM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Marble
  • Dining Description:Dining Area, Living/Dining Room
  • Kitchen Description:Gas Range, Refrigerator
  • Living area:446 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Electric, Wall/Window Units

Structure and exterior

  • Year built:1965
  • Building area:446 sq. ft.
  • Construction Materials:Block
  • Exterior Features:Security High Impact Doors

Schools

  • High school:Miami Beach
  • Middle school:Nautilus
  • Elementary school:Flamingo

Finances and disclosures

  • Price:$199,000
  • Price per sq. ft.:$446.19
  • Tax amount:$3,238 (2025)

Features and amenities

  • Appliances:Gas Range, Gas Water Heater, Refrigerator, Some Gas Appliances
  • Laundry features:Laundry Tub
  • Amenities:Closet Cabinetry

Parking

  • Parking description:One Space
  • Garage:Yes
  • Garage spaces:1
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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