# 901 Pennsylvania Ave, Miami Beach, FL 33139

> **TL;DR:** commercial, $3,450,000, built 1948. Est. $14,950/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,450,000 |
| Year Built | 1948 |
| Lot Size | 7,501 sqft (0.17 acres) |
| Property Type | Commercial (Single Family Attached) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $14,950 |
| **Total** | **$14,950** |

## Property Highlights

- Built in 1948
- 0.17 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 901 Pennsylvania Ave, Miami Beach, FL 33139
- **County:** Miami-Dade

## Listing Agent

- **Name:** Jesse Spencer
- **Brokerage:** Compass Florida, LLC
- **Phone:** 3056327195
- **Email:** jesse.spencer@compass.com

## Primary Photo

![901 Pennsylvania Ave - Primary Photo](http://lh.rdcpix.com/ccb2da90d6b04c7a9dbc9b8200d2f46cl-f850891826r.jpg)

*41 total photos available on [listing page](https://www.propertysimple.com/listing/901-pennsylvania-ave-miami-beach-fl-33139-11956440)*

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**MLS#:** A11956440 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/901-pennsylvania-ave-miami-beach-fl-33139-11956440)

---

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