901 Pennsylvania Ave, Miami Beach, FL 33139
- $3,250,000
- Sold Price
- $3,250,000
- List Price
- $3,450,000
- Closing Date
- Aug 24, 2026
- MLS#
- A11998939
- Subtype
- Quadruplex
- County
- Miami-Dade
- Community
- South Beach
- Subdivision
- South Beach
- Year Built
- 1948
Property Description
Introducing 901 PENN, a prime South Beach investment on a 7,500 SF corner lot at Pennsylvania Ave & 9th St. This mixed-use property features six (6) apartments & four (4) ground-floor retail/office units with Washington Ave visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investment strategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capital improvements—new roof (2023), exterior paint, AC units, & more. Positioned in a high-foot-traffic area, surrounded by hotels, restaurants, shopping, and nightlife, 901 PENN benefits from unbeatable exposure and walkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world- class destination.
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Additional Information
- Status Label
- CLOSED
- Construction
- Concrete Block Construction
- Cooling
- Central Air, Wall/Window Unit(s)
- Flooring
- Concrete, Tile
- Heating
- Central, Window/Wall
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Composition Roll
- Taxes
- $59,664
- Total Floors
- 2
- Stories
- 2
- Roofing
- Composition Roll
Mortgage Calculator
Listing Courtesy Of Compass Florida, LLC, Contact:
Selling Office: Compass Florida, LLC.