901 Pennsylvania Ave, Miami Beach FL 33139
1948
Year Built
2
Stories
172
Days on Market
Description
Introducing 901 PENN, a prime South Beach investment on a 7,500 SF corner lot at Pennsylvania Ave & 9th St. This mixed-use property features six (6) apartments & four (4) ground-floor retail/office units with Washington Ave visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investment strategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capital improvements—new roof (2023), exterior paint, AC units, & more. Positioned in a high-foot-traffic area, surrounded by hotels, restaurants, shopping, and nightlife, 901 PENN benefits from unbeatable exposure and walkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world-class destination.
Facts
- MLS#
- A11956440
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1948
- Lot Size
- 7,500 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 172 days
- Listed
- Feb 2, 2026
- Last Updated
- Aug 25, 2026
- Price/Lot Sq.Ft.
- $460/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
64
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 8/25/2026 | Sold | $3,450,000 |
| 5/22/2026 | Price change | $3,450,000-9.2% |
| 2/2/2026 | Listed for sale | $3,799,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$21,387/mo
Principal & Interest
$18,362
Property Tax
$2,875
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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