1231 Pennsylvania Avenue Unit 9, Miami Beach, FL 33139

$199,000
1
BA
446
SqFt

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List Price
$199,000
Days on Market
88
MLS#
A12022372
Year Built
1965
Bathrooms
1
Living Area
446
Building Name
1231
MLS Area Major
2320

Property Description

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.Property is tenant occupied; same-day showing requests may be subject to delays and confirmationSame 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.

Additional Information

Taxes
$3,238
Hoa Fee
$564
Interior Features
Closet Cabinetry, Dining Area, Living/Dining Room, Main Level Primary, Sitting Area in Primary, Tub Shower
Appliances
Gas Range, Gas Water Heater, Refrigerator
Heating
Other
Air Conditioning
Ceiling Fan(s), Electric, Wall/Window Unit(s)
Exterior Construction
Block
Garage Spaces
1
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach

Listing courtesy of The Keyes Company.

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