1231 Pennsylvania Ave # 9 Miami Beach FL 33139 MLS #A12022372
1231 Pennsylvania Ave # 9
Miami Beach, FL, 33139
$199,000
Beds
1 Baths
446 SqFt
0 Acres
$199,000
1231 Pennsylvania Ave # 9
Miami Beach, FL, 33139
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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.

Property Details

Price:
$199,000
MLS #:
A12022372
Status:
Active
Beds:
0
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
1231 PENN INC CONDO
Neighborhood:
1231penninccondo
Listed Date:
May 20, 2026
Finished Sq Ft:
446
Total Sq Ft:
446
Year Built:
1965
1231 Penn Condo1231 Penn Inc Condo1231penninccondo1231 Penn Inc CondoFlamingoNautilusMiami BeachOther ViewOkay To Lease 1st YearRestrictions Or Possible Restrictions

Schools

Elementary School:
Flamingo
Middle School:
Nautilus
High School:
Miami Beach

Interior

Appliances
Gas Water Heater, Gas Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Ceiling Fan(s), Electric, Wall/Window Unit(s)
Flooring
Marble
Heating
Other
Interior Features
Interior Hall, Second Floor Entry, Closet Cabinetry, Laundry Tub, Den/Library/Office
Laundry Features
Laundry Tub

Exterior

Association Amenities
Exterior Lighting
Construction Materials
Concrete Block Construction
Covered Spaces
1
Garage Spaces
1
Parking Features
1 Space
Security Features
No Security
View
Other View

Financial

HOA Fee
$564
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$3,238
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Current real estate data for Condo in Miami Beach as of Jun 16, 2026
1,884
Condo Listed
192
Avg DOM
995
Avg $ / SqFt
$1,590,626
Avg List Price

Community

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Property Summary

    Located in the 1231 PENN INC CONDO subdivision, 1231 Pennsylvania Ave # 9 Miami Beach FL is a Condo for sale in Miami Beach, FL, 33139. It is listed for $199,000 and features 0 beds, 1 baths, and has approximately 446 square feet of living space, and was originally constructed in 1965. The current price per square foot is $446. The average price per square foot for Condo listings in Miami Beach is $995. The average listing price for Condo in Miami Beach is $1,590,626.
1231 Pennsylvania Ave # 9
Miami Beach, FL