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1231 Pennsylvania Ave # 9

1231 Penn Condo
Miami Beach, FL 33139
$199,000
Price
Studio
Beds
1
Baths
446 SF
$446 / SF
Image of 1231 Penn Condo

Overview

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. 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.

Facts and Features

Status
Active
MLS #
A12022372
Days on Market
6
Taxes
$3,238 / year
Type
Residential
Parking
1 Covered
Year Built
1965
Lot Size
-
County
Miami-Dade County
Price/sqft
$446 / ft²
Furnished
-
HOA Fees
$564 / Monthly
Pets Allowed?
Restrictions Or Possible Restrictions

Location

Property Details

Subdivision Name
1231 PENN INC CONDO
Waterfront
No
Waterfront Description
-
View
Other View
Year Built Description
Effective Year Built
Unit Floor
2

Building Details

Building/Complex
1231 Penn Condo
Units
12
Stories
2
Year Built
1965

Payment Calculator

$ -   / month
Principal
-
Property Taxes
-
HOA Dues
-

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Additional Property Information

Parking
Num of Garage Spaces: 1
Garage Attached: No
Parking Features: 1 Space
Pool: No
Pool Features: -
General Information
Design: -
Construction: Concrete Block Construction
Floor Features: Marble
Security Information: No Security
Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom
Bathroom Features: Combination Tub & Shower
Dining room Features: Dining/Living Room, L Shaped Dining
Utilities
Heating Description: Other
Cooling Description: Ceiling Fan(s), Electric, Wall/Window Unit(s)
Additional Property Information
Room Count: -
Interior Features: Interior Hall, Second Floor Entry, Closet Cabinetry, Laundry Tub, Den/Library/Office
Equipment Appliances: Gas Water Heater, Gas Range, Refrigerator
Exterior Features: -
Amenities: Exterior Lighting
Walk Score
%
Transit Score
%
Bike Score
%

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