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.
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.
Property Details
Price:
$199,000
MLS #:
A12022372
Status:
Active
Beds:
0
Baths:
1
Address:
1231 Pennsylvania Ave # 9
Type:
Condo
Subtype:
Condominium
Subdivision:
1231 PENN INC CONDO
Neighborhood:
1231penninccondo
City:
Miami Beach
Listed Date:
May 20, 2026
State:
FL
Finished Sq Ft:
446
Total Sq Ft:
446
ZIP:
33139
Year Built:
1965
See this Listing
Mortgage Calculator
Schools
Elementary School:
Flamingo
Middle School:
Nautilus
High School:
Miami Beach
Interior
Appliances
Gas Range, Gas Water Heater, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Ceiling Fan(s), Electric, Wall/ Window Unit(s)
Flooring
Marble
Heating
Other
Laundry Features
Laundry Tub
Exterior
Association Amenities
Exterior Lighting
Construction Materials
Concrete Block Construction
Parking Features
1 Space
Security Features
No Security
Financial
HOA Fee
$564
HOA Frequency
Monthly
Tax Year
2025
Taxes
$3,238
Map
Community
- Address1231 Pennsylvania Ave # 9 Miami Beach FL
- Subdivision1231 PENN INC CONDO
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Similar Listings Nearby
- 1865 79th St Csw # J
North Bay Village, FL$255,000
4.82 miles away
- 1750 N Bayshore Dr # 1407
Miami, FL$255,000
3.38 miles away
- 641 Espanola Way # 24
Miami Beach, FL$255,000
0.26 miles away
- 800 N Ave # 1108 Miami
Miami, FL$255,000
3.81 miles away
- 1551 Michigan Ave # 12
Miami Beach, FL$255,000
0.45 miles away
- 111 E Flagler St # 1003
Miami, FL$255,000
3.66 miles away

1231 Pennsylvania Ave # 9
Miami Beach, FL
LIGHTBOX-IMAGES


































































































































