Premier Brokers International
1231 Pennsylvania Avenue 9, Miami Beach, FL 33139
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12022372
$199,000

1231 Pennsylvania Avenue 9, Miami Beach, FL 33139

Beds
0
Baths
1
Sqft
446
Est. payment$1,966/mo
Home type
Condominium
Year built
1965
Lot size
—
Price / sqft
$446
HOA
$564/mo
Community
1231 PENN INC CONDO

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.

Listing activity

Days on market
122
Listed
May 20, 2026
MLS listing updated
Sep 20, 2026
Feed last checked
11 minutes ago

Listed by Soledad Mendoza-Puiggros · The Keyes Company

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
0
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
1
Interior features
Closet Cabinetry
Flooring
Marble
Appliances
Gas Water Heater, Gas Range, Refrigerator
Laundry
Laundry Tub

Heating & cooling

Heating
Other
Cooling
Ceiling Fan(s), Electric, Wall/Window Unit(s)
Property

Parking

Garage spaces
1
Garage
Yes
Covered spaces
1

Exterior

Stories
2
Building area
446 sqft
Entry level
2
Exterior features
Lighting
View
Other
Waterfront property
No
Construction

Type & style

Home type
Condominium
Year built
1965

Materials

Construction
Block
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
1231 PENN INC CONDO
MLS area
2320
Security
None
Pets allowed
Pet Restrictions Possible, Yes
55+ community
No

Association

Has association
Yes
Association fee
$564 monthly
Estimated monthly dues
$564
Services included
Sewer, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33139
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12022372
Possession
Subject To Tenant Rights
Original list price
$199,000
Parcel number
0242030240090
Annual property tax
$3,238
Tax year
2025
Tax 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
Additional MLS details

Reported by the listing source

Association Fee Frequency
Monthly
Association Fee Includes
Sewer, Trash, Water
Association
Yes
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
446
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
122
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Laundry Features
Laundry Tub
List Price
199000
Listing Contract Date
2026-05-20
Living Area
446
MLSArea Major
2320
Mls Status
Active
On Market Date
2026-09-20
Photos Count
25
Postal Code
33139
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
1
Security Features
None
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-20T05:15:19Z
Stories Total
2
Subdivision Name
1231 PENN INC CONDO
Tax Annual Amount
3238
Bathrooms Full
1
Bedrooms Total
0
Waterfront
No
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
564

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
May 20, 2026ListedMIAMI REALTORS® MLS$199,000$446/sqft

Public tax history

YearProperty taxesAssessment
2025$3,238—

Payment calculator

Estimated monthly payment$1,966/moIllustrative estimate, not a loan offer.
Principal & interest
$1,033
Property taxes
$270
Insurance
$100
Association dues
$564

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

1231 PENN INC CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach Fienberg / Fisher K-8Elementary
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of The Keyes Company. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.