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About This Home
This 0-bedroom, 0-bathroom commercial at 901 Pennsylvania Ave in Miami Beach, FL is listed for $3,450,000. Built in 1948, on a 0.17 acres lot.
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.
Key Features
- Built in 1948
- 0.17 acre lot
Property Details
Monthly Cost Estimate
$18,451/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
901 Pennsylvania Ave
Miami Beach, FL 33139
Property Details
Flooring
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 901 Pennsylvania Ave is listed at $3,450,000. The estimated monthly payment is $14,950 based on 20% down at 6.5% interest.
Key features include: Built in 1948, 0.17 acre lot.
This property is listed by Jesse Spencer and can be reached at 3056327195 or jesse.spencer@compass.com.
