$199,000
1231 Pennsylvania Ave #9
Studio · 1 ba · 446 sq ft
Listing courtesy of The Keyes Company. 305-594-2600
From the MLS
- Bedrooms
- Studio
- Bathrooms
- 1
- Living area
- 446 sq ft
- Asking per square foot
- $446
- Year built
- 1965
- Association fee
- $564 monthly
- ZIP code
- 33139
- MLS number
- A12022372
What the listing says
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 confirmation 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.
Description supplied by The Keyes Company.
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