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  • Type
  • Quadruplex
  • Sq Ft
  • Area Size
Active Residential Income Active
901 Pennsylvania Ave, Miami Beach FL 33139 | Miami-Dade County | A11998939
  • $3,450,000

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.

Property Overview

901 Pennsylvania Ave is a quadruplex in the heart of South Beach, built in 1948 and offering six apartments along with four ground-floor retail or office units. The property sits on a 7,500 square-foot corner lot with direct visibility from Washington Ave, placing it in one of the most walkable and high-foot-traffic areas in Miami Beach. The building has been recently updated with a new roof in 2023, fresh exterior paint, and new AC units, making it a well-maintained, income-generating asset. It’s ideally located near hotels, restaurants, shopping, and nightlife, which supports strong tenant demand and rental stability. This stabilized property offers a variety of investment options—from retail repositioning to owner-user occupancy, or potential redevelopment. With existing rental income and scheduled increases, it’s positioned to deliver solid returns in one of Miami’s most desirable and consistent markets. For more details or to discuss the possibilities of 901 PENN, call 305-859-4733.

Frequently Asked Questions

How many units are in the building?

The property features six apartment units and four ground-floor retail or office units.

What year was the property built?

The building was constructed in 1948.

What recent improvements have been made to the property?

Recent capital improvements include a new roof installed in 2023, exterior paint, and new AC units.

Where is the property located?

The property is located at 901 Pennsylvania Ave, Miami Beach, FL 33139, on a high-traffic corner lot at the intersection of Pennsylvania Ave and 9th St.

What are the potential uses for this investment?

This is a stabilized income-generating asset with multiple investment strategies, including retail repositioning, owner-user occupancy, or redevelopment potential.

Address

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  • Address: Pennsylvania Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: SOUTH BEACH

Details

Updated on June 21, 2026 at 5:38 pm
  • Property ID A11998939
  • Price $3,450,000
  • Year Built 1948
  • Type Quadruplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Concrete, Tile
  • Cooling Central Air, Wall/Window Unit(s)
  • Association Type None
  • Building South Beach
  • Area South Beach
  • Annual Tax 59664
  • Association No
  • Private Pool No
  • Listing Terms Conventional
  • Waterfront No
  • Subdivision South Beach
  • Total Stories 2
  • Heating Central, Window/Wall
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Year Built Details Effective Year Built
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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