1231 Pennsylvania #9, Miami Beach, FL 33139
Local realty services provided by:CENTURY 21 Move With Us
Listed by: soledad mendoza-puiggros
Office: the keyes company
MLS#:A12022372
Source:FL_RAMC
Price summary
- Price:$199,000
- Price per sq. ft.:$446.19
About this home
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.
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Home facts
- Year built:1965
- Subdivision & Development:1231 Penn Condo
- Listing ID #:A12022372
- Added:38 day(s) ago
- Updated:October 28, 2026 at 03:34 PM
Rooms and interior
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Marble
- Dining Description:Living/Dining Room
- Bathrooms Description:Tub Shower
- Kitchen Description:Gas Range, Refrigerator
- Bedroom Description:Closet Cabinetry
- Living area:446 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric, Wall/Window Unit(s)
Structure and exterior
- Year built:1965
- Building area:446 sq. ft.
- Construction Materials:Block, Concrete
Finances and disclosures
- Price:$199,000
- Price per sq. ft.:$446.19
- Tax amount:$3,238 (2025)
Features and amenities
- Appliances:Gas Range, Gas Water Heater, Refrigerator
- Laundry features:Laundry Tub
- Amenities:Closet Cabinetry
Parking
- Total parking spaces:1
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