This listing is no longer active
The MLS feed no longer includes this property — it may have sold, gone under contract, or been withdrawn. Last seen on July 8, 2026. The details below are the last snapshot we captured. Contact Rangely for a similar property or current status.
1231 PENN INC CONDO
1231 Pennsylvania Ave # 9, Miami Beach FL 33139
1 baths · 446 ft²
$199,000
Est. Payment $1,059/mo
1
Bathrooms
446
Sq. Ft.
1965
Year Built
1
Garage
2
Stories
38
Days on Market
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.
Facts
- MLS#
- A12022372
- Subdivision
- 1231 PENN INC CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1965
- Lot Size
- 0 sqft
- Sq. Ft.
- 446 ft²
- Sq. Mt.
- 41 m²
- Price per sq. ft.
- $446/ft²
- Price per sq. mt.
- $4,854/m²
- Stories
- 2
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 38 days
- Listed
- May 20, 2026
- Last Updated
- Jun 27, 2026
- Price/Lot Sq.Ft.
- —
Comparable homes
Same ZIP, similar price + bedrooms.
$199,000
— bd · 1 ba · 450 sqft
1525 Meridian Ave # 202, Miami Beach FL 33139
$199,000
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717 Espanola Way # 110, Miami Beach FL 33139
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— bd · 1 ba · 440 sqft
900 Jefferson Ave # 2, Miami Beach FL 33139
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— bd · 1 ba · 390 sqft
536 14th Street # 210, Miami Beach FL 33139
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1245 Pennsylvania Ave # 8, Miami Beach FL 33139
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— bd · 1 ba · 436 sqft
820 Euclid Ave # 206, Miami Beach FL 33139
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— bd · 1 ba · 500 sqft
736 12th St # 5, Miami Beach FL 33139
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1241 14th St # 9, Miami Beach FL 33139
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).
| 5/20/2026 | Listed for sale | $199,000 |
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
$1,375/mo
Principal & Interest
$1,059
Property Tax
$166
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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