Home›1231 Pennsylvania Avenue 9, Miami Beach, FL 33139

Residential in Miami Beach

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 confirmationSame 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 Highlights

View

  • Other

Cooling

  • Ceiling Fan(s)
  • Electric
  • WallWindow Unit(s)
  • Wall/Window Unit(s)

Heating

  • Other

Flooring

  • Marble

Appliances

  • Gas Range
  • Refrigerator
  • Gas Water Heater

Possession

  • Subject To Tenant Rights

Room Types

  • Den

Dining Area

  • DiningLiving Room
  • L Shaped Dining

Pets Allowed

  • Pet Restrictions Possible

Listing Terms

  • Cash

Pets Allowed YN

  • Yes

Tax Information

  • Tax Reflects No Exemptions

Association Type

  • Condominium

ExteriorFeatures

  • Lighting

InteriorFeatures

  • Closet Cabinetry

Laundry Features

  • Laundry Tub

SecurityFeatures

  • None

Unit Description

  • Interior Hallway

Exterior Features

  • Lighting

Interior Features

  • Closet Cabinetry

Security Features

  • None

Master BedroomBath

  • Combo TubShower
  • Master Bdrm - Ground
  • Master Bdrm - Sitting

Special Information

  • Sold As-Is

Showing Requirements

  • Appointment Only
  • Call Listing Agent

Water Heater Details

  • Gas Water Heater

Construction Materials

  • Block

Application Information

  • 3-4 Weeks Approval

Association Fee Includes

  • Sewer
  • Trash
  • Water

Leasing Permitted Details

  • Okay To Lease During First Year

Property Details

Property TypeResidential
StyleCondominium
Year Built1965
CountyMiami-Dade
Subdivision1231 PENN INC CONDO
Building / Complex1231
Living Area446 sq ft
Bedrooms0
Baths1
Half Baths0
Unit Number9
HOA Fee$564 / Monthly
HOA IncludesSewer, Trash, Water
Annual Tax$3,238 (2025)
Special AssessmentNo
Pets AllowedPet Restrictions Possible, Yes
Listing OfficeThe Keyes Company
Listing AgentSoledad Mendoza-Puiggros
Office Phone305-594-2600

1231 Pennsylvania Avenue 9, Miami Beach, FL 33139, Miami Beach, FL 33139