1231 Pennsylvania Ave Unit #9, Miami Beach, FL 33139

$199,000
1
BA
446
SqFt

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List Price
$199,000
MLS#
A12022372
Bathrooms
1
Sq. Ft
446
Subtype
Condominium
County
Miami-Dade
Community
1231 Penn Inc Condo
Subdivision
1231 Penn Inc Condo
Year Built
1965

Property Description

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.

Additional Information

Hoa
Yes
Hoa Amount
564
Pets Allowed
Yes
Status Label
ACTIVE
Total Unitsin Complex
12
Unit Floor Number
2
Construction
Concrete Block Construction
Cooling
Ceiling Fan(s), Electric, Wall/Window Unit(s)
Equipment
Gas Range, Gas Water Heater, Refrigerator
Flooring
Marble
Heating
Other
Parking
1 Space
Bedroom Description
At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom
Security
No Security
Taxes
$3,238
View
Other View
Unit Number
9
Total Floors
2
Stories
2
Price Per Sqft
$446

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of The Keyes Company, Contact: 786-389-9414