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901 Pennsylvania Ave Miami Beach, FL $ 3,499,000
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901 Pennsylvania Ave
$ 3,499,000
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901 Pennsylvania Ave

Miami Beach, FL, 33139
$ 3,499,000
Baths0.0

Monthly Estimate*

$ 21,544

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View a Virtual Tour
Studio

Multi-Family Home for sale in Miami Beach, FL

for $3,499,000. This home was built in 1948.

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.

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Multi-Family Active

Price

$ 3,499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 59,664

Style

Year Built

1948

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11998939
Features
General
Sewer Public Sewer
Heating Central Wall Furnace
Cooling Central Air Wall/Window Unit(s)
Utilities Cable Available
Possession Close Of Escrow Other
Roof Composition
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1948
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name South Beach
Rent Includes Sewer Trash Collection Water
Status Active
City Miami Beach
Zoning Description RO
MLS Area 32
Lot Size Units Square Feet
Listing Terms Conventional
Year Built Details Effective Year Built
Tax Annual Amount 59664
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11998939
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description OCEAN BEACH ADDN NO 3 PB 2-81 W75FT LOTS 7 & 8 BLK 35 LOT SIZE 75.000 X 100 OR 16033-0131 0793 1
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Interior
Flooring Concrete Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 0
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Compass Florida, Llc

Broker

jesse.spencer@compass.com

Email

Affordability Calculator

$26,516
Per Month
81%
19%
0%
Monthly Principal & Interest
$21,544
Monthly Property Taxes
$4,972
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
4/10/2026 $3,499,000 Listed Price

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901 Pennsylvania Ave, Miami Beach, FL, 33139 is a Multi-Family Home for sale at $3,499,000. 901 Pennsylvania Ave is a studio with 0.0 baths and was built in 1948. The property's zip code is 33139 which is in Miami Beach, FL

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