
MIAMI REALTORS® MLS1231 Pennsylvania Avenue 9, Miami Beach, FL 33139
- Beds
- 0
- Baths
- 1
- Sqft
- 446
- 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
Price history
| Date | Event | Price |
|---|---|---|
| May 20, 2026 | ListedMIAMI REALTORS® MLS | $199,000$446/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $3,238 | — |
Payment calculator
- 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 CONDOMiami Beach · Miami-Dade County · 33139
Climate risk
—No licensed climate-risk source is connected.
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Property photos coming from MLS
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