1231 Pennsylvania Ave # 9, Miami Beach FL 33139, Miami Beach
$199,000
Miami Beach, FL, 33139
Property details
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 446 sqft
- Year built
- 1965
- Type
- Condominium
- Association fee
- $564 / monthly
- Days on market
- 38
- MLS #
- A12022372
Listing courtesy of The Keyes Company · 786-389-9414. Listing agent: Soledad Mendoza-Puiggros. MLS data last updated 2026-06-27.
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.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.
1231 Pennsylvania Ave # 9, Miami Beach FL 33139, Miami Beach — for sale, listed for $199,000 (0 bed, 1 bath, 446 sqft).
$446/sqft · 6% percentile · based on 134 studio listings for sale in 33139 (median $625/sqft).
Association fee context
The $564 association fee compares with a $712 median across 134 studio listings for sale in 33139 that report fees.
n=134 · 2026-07-29 · Methodology
Price position
$446/sqft against a $625/sqft median across 134 comparable studio listings for sale in 33139.
Percentile position: 6%.
n=134 · 2026-07-29 · Methodology
Run the numbers
Priced like this listing
The 4 active listings closest in price within the same market segment:
Local market report
Fresh on the market
We recorded 3 studio listings for sale in 33139 arriving on the market across the last 1 observed weeks with entry asking prices $340,000–$399,999.
n=3 · 2026-07-29 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33139 show a median asking $625/sqft — 4.9% below the Miami Beach median asking of $657/sqft.
n=134 · 2026-07-29 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.