Residential

1420 Pennsylvania Ave

Miami Beach, FL 33139

ML#:A12050567

List Price:$315,000

Status:Active

Days on Market:9

Listing Brkr:Douglas Elliman

Subdivision:PENN MANOR CONDO

Bedrooms:1

Baths:1

SqFt (Liv):690

Lot Size:0 sqft

Year Built:1965

Stories:4

Move-in ready, fully furnished, income-producing corner unit with assigned parking in the heart of South Beach! This bright 1-bedroom, 1-bathroom residence is currently rented for $2,200/month on a one-year lease, with average monthly expenses of approximately $950–$1,000, providing an estimated $1,200 net monthly income. A turnkey opportunity for investors, seasonal owners, or full-time residents. Located in a quiet boutique building with only 30 units, this beautifully remodeled condo features impact windows, central A/C, abundant natural light, and ample closet space, including a private office. Enjoy one of Miami Beach's most walkable locations, just 4 blocks from the beach and 2 blocks from Lincoln Road, with restaurants, shopping, museums, parks, and nightlife nearby. The sale includes all furniture, bedding, towels, cookware, dishes, silverware, and small appliances. Additional features include bright corner exposure, assigned parking, on-site laundry with 3 washers and 4 dryers, and high-speed Wi-Fi included in maintenance. The building's 50-year recertification is nearly complete, and all special assessments have been paid in full by the seller. Start earning income from day one or enjoy your new home!