South Beach
901 Pennsylvania Ave, Miami Beach FL 33139
$3,499,000
Est. Payment $18,623/mo
1948
Year Built
2
Stories
80
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#
- A11998939
- Subdivision
- South Beach
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1948
- Lot Size
- 0 sqft
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 80 days
- Listed
- Feb 2, 2026
- Last Updated
- Apr 23, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Buyers market
May 2026
30
Median days to sold
-1.2%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 2/2/2026 | Listed for sale | $3,499,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Montessori School Of North MiamiKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Montessori School Of North Miami
PK,KG,1,2,3,4,5,6 · private · 0.5 mi
- Montessori Achievement Center
2,3,4,5 · private · 0.5 mi
- Miami Country Day School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Miami Country Day School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Advance Christian Academy
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
- Bethany Covenant School
PK,KG,1,2,3,4 · private · 0.6 mi
- St Rose Of Lima School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
- Amazing Learning Academy
PK,KG · private · 0.7 mi
- Miami Country Day School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$21,689/mo
Principal & Interest
$18,623
Property Tax
$2,916
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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