901 Pennsylvania Avenue, Miami Beach, FL 33139
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: jesse spencer, joseph biscaha
Office: compass florida, llc.
MLS#:A11998939
Source:RMLS
Price summary
- Price:$3,450,000
About this home
Introducing 901 PENN, a prime South Beach investment on a 7,500 SF corner lot at Pennsylvania Ave & 9th St.This mixed-use property features six (6) apartments & four (4) ground-floor retail/office units with WashingtonAve visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investmentstrategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capitalimprovements—new roof (2023), exterior paint, AC units, & more. Positioned in a high-foot-traffic area,surrounded by hotels, restaurants, shopping, and nightlife, 901 PENN benefits from unbeatable exposure andwalkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world-class destination.
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Home facts
- Year built:1948
- Listing ID #:A11998939
- Added:9 day(s) ago
- Updated:June 15, 2026 at 02:45 PM
Rooms and interior
- Flooring:Concrete, Tile
Heating and cooling
- Cooling:Central Air, Wall Window Units
- Heating:Central, Wall Furnace
- Central air:Yes
Structure and exterior
- Year built:1948
- Construction Materials:Block
Schools
- High school:Miami Beach
- Elementary school:Miami Beach Fienberg / Fisher K-8
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,450,000
- Tax amount:$59,664 (2025)
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