901 Pennsylvania Ave,Miami Beach, FL 33139
Miami Beach, FL 33139
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 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 improvementsnew 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.
Details
| MLS # | A11740735 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1948 |
| Days On Site | 138 |
| Listing Provided By | Compass Florida, LLC. | Jesse Spencer |
Features
| SQ Feet | 7,266 |
|---|---|
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 1 |
| Acreage | 7500.00 |
Taxes
| Property | 2616 |
|---|
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 32 |
| Listing VS Median (in 33139) | |
Price: $4,190,000 low | high Med: $27,128 SqFt: 7,266 low | high Med: 3,152 $ / SqFt: $577 low | high Med: $10 On site: 138 low | high Med: 717.000000 | |
