BEDS0
BATHS1 full
SQUARE FEET446
MLS#A12022372
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISION1231 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.Same 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.
Property Features
Property Type: Residential - Condominium
Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
Garage: 1
Heating: Other
Stories: 2.0
Taxes: $3,238
Year Built: 1965
Amenities
Interior Hall
Second Floor Entry
Closet Cabinetry
Laundry Tub
Den/Library/Office
Feature Descriptions
Appliances: Gas Water Heater, Gas Range, Refrigerator
Association Amenities: Exterior Lighting
Crops Included Y/N: No
Days on Site: 9
Door Features: High Impact Doors
Exterior: Concrete Block Construction
Flooring: Marble
HOA Fee: 564/ Monthly
Home Warranty Y/N: No
Laundry: Laundry Tub
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Other Equipment: Natural Gas
Parcel#: 02-42-03-024-0090
Parking: 1 Space
Parking Notes: 1 Space
Pets Allowed: Restrictions Or Possible Restrictions
Property Attached Y/N: No
Property Sub-Type: Condominium
Security: No Security
Special View Info: Other View
Units: 12
Local Schools
High School: Miami Beach
Middle School: Nautilus
Elementary School: Flamingo
Listed By / Shown By
Listed By
Agency Name: The Keyes Company
Agency Phone: 305-594-2600
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimate Your Payment
Estimated Payment
$ 770.76 per month $442.89 Principal & Interest $269.83 Property Tax $58.04 Homeowner's Insurance
1231 Pennsylvania Ave, Unit 9 | MLS# A12022372
This condo located at 1231 Pennsylvania Ave, Unit 9, Miami Beach, FL 33139 is currently listed for sale with an asking price of $199,000. This property was built in 1965 and with 446 sq. ft. Pennsylvania Ave, Unit 9 is located in the 1231 PENN INC CONDO subdivision. Search 1231 PENN INC CONDO real estate on www.realty100.com today.