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1231 Pennsylvania Ave 9 Miami Beach, FL $ 199,000
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$ 199,000 Get more info
1231 Pennsylvania Ave 9
$ 199,000
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1231 Pennsylvania Ave 9

Miami Beach, FL, 33139
$ 199,000
Baths1.0 Sq 446

Monthly Estimate*

$ 1,225

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Studio

Condo for sale in Miami Beach, FL

for $199,000 with 1 full bath. This 446 square foot condo was built in 1965.

Rare opportunity in the heart of South Beach! Bright and spacious studio 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 January 2027 paying $1,800/month, providing immediate rental income and an estimated 5.83% ROI. Aprox. Same owner also offers Unit #8, a 1-bedroom + den residence featuring assigned parking and in-unit washer & dryer. Excellent opportunity for investors seeking multiple units in the same South Beach building.

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Condo Active

Price

$ 199,000

Bedrooms

Studio

Full Bath

1

Property Type

Condo

Taxes

$ 3,238

Style

Year Built

1965

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A12022372
Features
General
Heating Other
Cooling Ceiling Fan(s) Electric Wall/Window Unit(s)
Possession Subject To Tenant Rights
Appliances Some Gas Appliances Gas Range Gas Water Heater Refrigerator
HOA Fee 564
Garage Spaces 1
Association Fee Includes Sewer Trash Water
Restrictions Okay to Lease 1st Year
Construction Materials Block
Pets Allowed Conditional Yes
Year Built 1965
View Other
Unit Number 9
Property Subtype Condominium
Tax Year 2025
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Subdivision Name 1231 PENN INC CONDO
Garage Y/N true
Building Features Exterior Lighting
Total Rooms 0
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
High School Miami Beach
City Miami Beach
Entry Location 2
Senior Community Y/N false
MLS Area 42
Lot Size Units Square Feet
Listing Terms Cash Conventional
Elementary School Flamingo
Property Attached Y/N false
Year Built Details Effective Year Built
Tax Annual Amount 3238
Middle/Junior High School Nautilus
Lease Considered Y/N false
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Condominium
Legal Description 1231 PENN INC CONDO APT 9 SECOND FLOOR UNDIV 6.4394 % INT IN COMMON ELEMENTS CLERKS FILE 64R-187107 OR 20469-1315 06 2002 4 COC 21438-2393 0
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Interior
Interior Amenities Closet Cabinetry Second Floor Entry Sitting Area in Primary Tub Shower
Flooring Marble
Total Stories 2
Air Conditioning Y/N true
Half Baths 0
Laundry Features Laundry Tub
Total Bedrooms 0
Entry Level 2
Total Baths 1
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Exterior
Exterior Amenities Security/High Impact Doors
Parking Features One Space
Building Area Total 446
Waterfront Y/N false
Covered Spaces 1
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* Excluded Features
List By
The Keyes Company

Broker

786-389-9414

Contact

Affordability Calculator

$1,495
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,225
Monthly Property Taxes
$270
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
4279343 Elementary School
4205765 Middle School
Miami Beach High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/20/2026$199,000 Listed Price

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1231 Pennsylvania Ave 9, Miami Beach, FL, 33139 is a Condo for sale at $199,000 with 446 sqft. 1231 Pennsylvania Ave 9 is a studio with 1.0 baths and was built in 1965. The property's zip code is 33139 which is in Miami Beach, FL

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