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About This Home

This 1-bedroom, 1-bathroom condo at 1231 Pennsylvania Ave in Miami Beach, FL is listed for $259,000 ($384 per sqft). Built in 1965, the home offers 675 sqft of living space on a N/A lot.

Agent Description

Rare opportunity in the heart of South Beach! Bright and spacious 1 bedroom 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 June 2027 paying $2000/month, providing immediate rental income and an estimated 4,5% Unfurnished.

ROI. Same owner also offers Unit #9, a studio + den residence featuring assigned parking and in-unit washer .Excellent opportunity for investors seeking multiple units in the same South Beach building.

Key Features

  • Built in 1965
  • 2 stories

Property Details

2 stories
1 full
#8
1965

Amenities

ViewHardwood

Monthly Cost Estimate

$1,385/mo

20% down · 6.5% · 30 years

Principal$187
Interest$1,122
Insurance$76

Estimates only. Actual payments may vary.

Location

1231 Pennsylvania Ave

Miami Beach, FL 33139

1231 Penn Inc Condo

Features & Amenities

Interior Features

Second Floor EntryLiving/Dining Room

Exterior Features

Balcony

Property Details

Flooring

HardwoodWood

Construction

Block

Views

None

Parking

Garage

Cooling

Electric

Appliances

MicrowaveRangeRange - GasRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom condo at 1231 Pennsylvania Ave is listed at $259,000 ($384/sqft). The estimated monthly payment is $1,122 based on 20% down at 6.5% interest.

Key features include: Built in 1965, 2 stories. Interior Features: Second Floor Entry, Living/Dining Room. Exterior Features: Balcony.

This property is listed by Soledad Mendoza-Puiggros and can be reached at 18004383973 or Solemendoza@icloud.com.

SM

Soledad Mendoza-Puiggros

Agent at The Keyes Company

(800) 438-3973

Listed by The Keyes Company · View on Broker Site

MLS# A12027093· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1231 Pennsylvania Ave, Miami Beach, FL 33139

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