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A12022764, Home in Miami Beach for Sale

1231 Pennsylvania Ave, Miami Beach, FL, 33139
SALE
$259,000
Est. Mortgage: $1,165/mo Get pre-qualified
1 of 185 for Sale
1Beds
1 Baths
675 ft2 (63 m2)
Listed on: May 21, 2026
Days on Market: 5
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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% Unfernished. 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.

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A12022764 Condo # for Sale in Miami Beach, Miami Beach
  • Listed on:

    May 21, 2026
  • Days on Market:

    5
  • Taxes:

    $3,712 per year
  • Tax Year:

    2025
  • Year Built:

    1965
  • Occupancy:

    n/a
  • Parking:

    • Garage Spaces

      1
    • Open Parking

      Yes
    • Covered Spaces

      1
    • Parking Features

      Driveway, Limited # Of Vehicle
  • Interior:

    • Flooring

      Ceramic Floor, Wood
    • Appliances

      Gas Water Heater, Gas Range, Refrigerator
    • Cooling

      Ceiling Fan(s), Electric
    • Heating

      None
    • Interior Features

      Second Floor Entry, Den/Library/Office
  • Exterior:

    • View

      None
    • Architectural Style

      Attached, One Story
    • Construction Materials

      Concrete Block Construction
    • Exterior Features

      Open Balcony
    • Patio And Porch Features

      Open Balcony
    • Direction Faces

      West
    • Roof

      Concrete
  • Community:

    • Subdivision Name

      1231 PENN INC CONDO
    • Typeof Association

      Condo
    • Association Fee

      768
    • Community Features

      Gas Metered
    • Middle Or Junior School

      Nautilus
    • High School

      Miami Beach
  • LOT:

    • Lot Features

      Less Than 1/4 Acre Lot
    • Lot Size Square Feet

      0
    • Lot Size Units

      Square Feet
    • Guest House Description

      1 Bedroom

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% Unfernished. 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.
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