Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Beds
1 Bath
446 sqft

$199,000

1231 Pennsylvania Avenue 9, Miami Beach FL, 33139

Price per sqft$446.19
Built in1965
Property size446 sqft
Property typeCondominium

Overview

Active

Listed May 20, 2026

Updated 12h ago

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.

$1,324/mo

Est. mortgage payment based on a $199,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12022372

Interior Features

Bedrooms
0
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,238
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
View
Yes
Pets Allowed
Yes
55+/Senior Community
No

Listed with The Keyes Company

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2026 Association of Palm Beaches. All rights reserved. 

Data last updated 4:20 AM UTC, 10/29/2026

 

Powered by Luxury Presence