1231 PENNSYLVANIA AVE, Miami Beach
$259,000 USD 1 1
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| Address | 1231 PENNSYLVANIA AVE, Miami Beach |
| Building Name | 1231 PENN INC CONDO |
| Type of Property | Single Family Residence |
| Property Style | R30-No Pool / No Water |
| Price | $259,000 |
| Property Status | Active |
| MLS Number | A12022764 |
| Bedrooms Number | 1 |
| Full Bathrooms Number | 1 |
| Living Area | 675 |
| Year Built | 1965 |
| Garage Spaces Number | 1 |
| Folio Number | 02-42-03-024-0080 |
| Zoning Information | 4900 |
| Days on Market | 0 |
Detailed Description: Rare opportunity in the heart of South Beach! Bright and spacious 1 bedroom with den, assigned parking, in-unit washer and 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% Unfernished. 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.
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33139 |
| Address | 1231 PENNSYLVANIA AVE |
| Section | 3 |
| Zip Code (4 Digits) | 4438 |
Financial Information
| Price | $259,000 |
| Price per Foot | $0 |
| Folio Number | 02-42-03-024-0080 |
| Association Fee Paid | Monthly |
| Association Fee | $768 |
| Tax Amount | $3,712 |
| Tax Year | 2025 |
Full Descriptions
| Detailed Description | Rare opportunity in the heart of South Beach! Bright and spacious 1 bedroom with den, assigned parking, in-unit washer and 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% Unfernished. 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. |
| Property View | None |
| Design Description | Attached, One Story |
| Roof Description | Concrete |
| Floor Description | Ceramic Floor, Wood |
| Interior Features | Second Floor Entry, Den / Library / Office |
| Exterior Features | Open Balcony |
| Equipment Appliances | Gas Water Heater, Gas Range, Refrigerator |
| Cooling Description | Ceiling Fan (s), Electric |
| Heating Description | None |
| Water Description | Municipal Water |
| Sewer Description | Public Sewer |
| Parking Description | Driveway, Limited #Of Vehicle |
Property parameters
| Bedrooms Number | 1 |
| Full Baths Number | 1 |
| Living Area | 675 |
| Zoning Information | 4900 |
| Year Built | 1965 |
| Type of Property | Single Family Residence |
| Style | R30-No Pool / No Water |
| Building Name | 1231 PENN INC CONDO |
| Development Name | 1231 PENN INC CONDO |
| Construction Type | Concrete Block Construction |
| Garage Spaces Number | 1 |
| Listed with | The Keyes Company |