Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Home Lovers Realty

Property view
Listing view 2
Listing view 3

1231 Pennsylvania Ave #9, 
Miami Beach, FL 33139

$199,000


Bed


1

Bath


446

Sq Ft


Condo


Virtual Tour

Active

Listed by

Soledad Mendoza-Puiggros

The Keyes Company

305-594-2600

Last updated:

August 23, 2026, 09:51 AM

MLS#

A12022372

Source:

SEFMLS

About This Home

1231 Pennsylvania Ave #9

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.

Home Facts

Condo

1 Bath

Built in 1965

Subdivision & Development:

1231 PENN INC CONDO

Price Summary

199,000

$446 per Sq. Ft.

MLS #:

A12022372

Last Updated:

August 23, 2026, 09:51 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

446 Sq. Ft.


Structure

Structure

Building Area:

446 Sq. Ft.

Year Built:

1965


Finances & Disclosures

Finances

Price:

$199,000

Price per Sq. Ft:

$446 per Sq. Ft.

Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.