$199,000
1231 Pennsylvania Ave # 9, Miami Beach FL 33139
Miami Beach, FL, 33139
- Year Built
- 1965
- Garage
- 1 spaces
- Property Type
- Condominium
- HOA Fee
- $564/mo
- Annual Taxes
- $3,238/yr
- MLS #
- A12022372
Market Position
Using 200 of 739 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $199,000 · area median: $389,500
- Days on market
- 38 · area median: 55
Priced below 88% of 200 comparable listings · area median: $736/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 30, 2026 · Newest source update: Jul 30, 2026
Listing courtesy of The Keyes Company · 786-389-9414
Listed by Soledad Mendoza-Puiggros
Last updated: Jun 27, 2026
Overview
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.
Features
Interior
Flooring
Heating
Cooling
Parking
View
Laundry
Appliances
est.$1,840/mo
Est. payment based on a $199,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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