$199,000
Pennsylvania Ave

1231 Pennsylvania Ave # 9, Miami Beach FL 33139

0 Beds

1 Baths

SQFT 0

1 Garage

61 Years Built

Home Details

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.

Other Interior Features

Heating
Other
Appliances
Gas Water Heater, Gas Range, Refrigerator
Living Area - SqFt
446
Inside
Gas Water Heater, Gas Range, Refrigerator
Total - SqFt
0

General

MLS#
A12022372
Architectural Style
Bathroom Features
Combination Tub & Shower
Living Area - SqFt
446
Construction Materials
Concrete Block Construction
Window Features
Total - SqFt
0

Neighbourhood

Location

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.

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