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About This Home
This 0-bedroom, 1-bathroom condo at 1231 Pennsylvania Ave in Miami Beach, FL is listed for $199,000 ($446 per sqft). Built in 1965, the home offers 446 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1965
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,064/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1231 Pennsylvania Ave
Miami Beach, FL 33139
1231 Penn Inc Condo
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Cooling
Appliances
Questions & Answers
This 0-bedroom, 1-bathroom condo at 1231 Pennsylvania Ave is listed at $199,000 ($446/sqft). The estimated monthly payment is $862 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 2 stories. Interior Features: Bedroom On Main Level, Closet Cabinetry, Dining Area. Exterior Features: Security/High Impact Doors.
This property is listed by Soledad Mendoza-Puiggros and can be reached at 18004383973 or Solemendoza@icloud.com.
