PENN ELEVEN CO-OP

1060 Pennsylvania Ave # 18, Miami Beach FL 33139

1 baths · 380 ft²

For Sale · Active Listing

$1,650

Est. Payment $9/mo

MLS Sheet Video

1

Bathrooms

380

Sq. Ft.

1962

Year Built

2

Stories

0

Days on Market

Description

Prime Miami Beach Studio for Rent! Welcome to this bright and well-maintained second-floor studio located just minutes from the beach in one of Miami Beach's most desirable neighborhoods. This move-in-ready residence is offered fully furnished, with the option to lease unfurnished upon negotiation, providing flexibility to fit your lifestyle. Rent includes water, sewer, and high-speed internet, helping keep monthly expenses simple. Residents also enjoy access to shared on-site laundry facilities maintained by the association. Street parking or Public parking across the street. Ideally situated near world-famous beaches, Lincoln Road, Ocean Drive, Flamingo Park, shopping, dining, entertainment, grocery stores, and public transportation, this studio offers the perfect combination of convenience and the Miami Beach lifestyle. Whether you're looking for a full-time residence or a seasonal rental, this home is ready for immediate occupancy. Easy to show with lockbox access. Schedule your private showing today!

Facts

MLS#
A12056404
Subdivision
PENN ELEVEN CO-OP
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1962
Lot Size
0 sqft
Sq. Ft.
380 ft²
Sq. Mt.
35 m²
Price per sq. ft.
$4/ft²
Price per sq. mt.
$47/m²
Stories
2
Garage
Pool
Days on Market
Listed
Jul 20, 2026
Last Updated
Jul 20, 2026
Price/Lot Sq.Ft.

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

July 2026

100/100
Buyers marketSellers market

52

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).

7/20/2026Listed for sale$1,650

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1060 Pennsylvania Ave # 18, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$5,500

gross income / month to qualify

Monthly rent$1,650
Required annual income$66,000
Security deposit (est.)$1,650
Move-in cost (1st + last + security)$4,950

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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 19 hours ago

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