About 1231 Pennsylvania Avenue #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 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.
Features of 1231 Pennsylvania Avenue #9
| MLS® # | A12022372 |
|---|---|
| USD | $199,000 |
| CAD | $280,305 |
| CNY | 元1,334,196 |
| EUR | €174,316 |
| GBP | £149,710 |
| RUB | ₽16,775,919 |
| HOA Fees | $564 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Year Built | 1965 |
| Type | Residential |
| Sub-Type | Condominium |
| Unit Floor | 2 |
| Status | New |
| HOPA | No Hopa |
| Membership Equity | No |
Community Information
| Address | 1231 Pennsylvania Avenue #9 |
|---|---|
| Area | 2320 |
| Subdivision | 1231 PENN INC CONDO |
| City | Miami Beach |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33139 |
Amenities
| Parking Spaces | 1 |
|---|---|
| # of Garages | 1 |
| View | Other |
| Is Waterfront | No |
| Has Pool | No |
| Pets Allowed | Yes, Pet Restrictions Possible |
| Unit | Interior Hallway |
| Security | None |
| Guest House | No |
Interior
| Interior Features | Closet Cabinetry |
|---|---|
| Appliances | Gas Water Heater, Gas Range, Refrigerator |
| Heating | Other |
| Cooling | Ceiling Fan(s), Electric, Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Master Bedroom | Combo Tub/Shower, Master Bdrm - Ground, Master Bdrm - Sitting |
Exterior
| Exterior Features | Lighting |
|---|---|
| Construction | Block |
School Information
| Elementary | Miami Beach Fienberg / Fisher K-8 |
|---|---|
| High | Miami Beach |
Additional Information
| Date Listed | September 20th, 2026 |
|---|---|
| Days on Market | 4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 564 |
| HOA Fees Freq. | Monthly |
| Parcel ID | 0242030240090 |
Listing Details
| Office | The Keyes Company |
|---|---|
| Solemendoza@icloud.com |