1231 Pennsylvania Ave # 8, Miami Beach FL 33139 | Miami-Dade County | A12027093
- $250,000
- $250,000
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.
Property Overview
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Monthly Fees & Carrying Costs
| Association Fee | $768 / month |
| Total Monthly Fees | $768 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
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Address
Open on Google Maps-
Address: Pennsylvania Ave
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City: Miami Beach
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Zip/Postal Code: 33139
Details
Updated on July 3, 2026 at 8:44 pm-
Property ID A12027093
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Price $250,000
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Property Size 675 Sq Ft
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Bedroom 1
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Room 0
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Bathroom 1
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Year Built 1965
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Property Status Active, Residential
Additional details
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Flooring Wood
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Bedroom Features None
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Cooling Electric
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Association Type Condo
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Building 1231 Pennsylvania
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Association Fee Frequency Monthly
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Area 1231 Penn Inc Condo
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Annual Tax 3712
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Association Yes
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Elementary School Feinberg-Fisher K8
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 1
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Subdivision 1231 PENN INC CONDO
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Total Stories 2
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Restrictions No Daily Rentals
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Maintenance Includes Parking, Sewer, Trash Removal, Water
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Amenities None
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Parking 1 Space
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Heating Other
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 675
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Covered Spaces 1
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Middle School Nautilus
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Unit Floor 2
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View None
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Year Built Details Effective Year Built
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High School Miami Beach
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Pets Allowed Yes
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Attached Yes
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Unit Number 8
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Half Bathrooms 0
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Flood Zone AE
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 768
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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