Active MLS listing · MLS #A12027093

1231 Pennsylvania Avenue 8

Miami Beach, FL, 33139

1 / 12

$250,000

1Beds

1Baths

675SqFt

Property type: Condominium
Subdivision: 1231 PENN INC CONDO
Year built: 1965

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.

Listing Courtesy of: The Keyes Company
mikepappas@keyes.com

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