1060 Pennsylvania Ave #4
1060 Pennsylvania Ave #4 Miami Beach 331390 bedrooms | 1 bathroom | 0 half bath | 380 sqft
$159,000
Property Details
- MLS #
- A11839216
- Unit #
- 4
- Address
- 1060 PENNSYLVANIA AVE #4 map
- Bedrooms
- 0
- Bathrooms
- 1
- Living Area (f2)
- 380
- Living Area (M2)
- 35
- Year Built
- 1962
- Waterfront
- Status
- Active
- Listing Type
- Condo/Townhome
- Maintenance Fee
- $5,783
- Complex
- Penn Eleven Condominiums
- Days On Market
- 156
- Pool
- Pets Allowed
- N/A
- Parking Spaces
- 0
Inquire About this Property
Property Description
INVESTORS!!! Make at least 10% annual ROI with this cash cow rented at $1,700/month until Dec 2025. Prime South Beach location – updated and fully furnished studio. Building has passed 40-year recertification and owns the land outright. This co-op has invested ~$700K in capital improvements completed in the last 5 years (electrical, structural, roof). No special assessments. Low HOA paid yearly. Well-managed, extremely quiet, and safe building. Unit features two entrances, including a private street entrance. Steady rental income. Cash-only purchase. NO SHORT TERM RENTALS ALLOWED. Rent minimum twice per year. Contact listing agent @oberdel (Ober Delgado) for a showing
Property Amenities
Equipment
- Gas Range
Interior Features
- First Floor Entry
- Closet Cabinetry
Exterior Features
- Courtyard
Similar Properties
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 432 TILFORD T #432 | 432 | $90,000 | 1/1 | 585 | 54 | $552 | |
| 642 Michigan Ave #24 | 24 | $140,000 | 0/1 | 285 | 26 | $605 | |
| 1334 Euclid Ave #9 | 9 | $140,000 | 0/1 | 410 | 38 | $298 | |
| 1060 Pennsylvania Ave #4 | 4 | $159,000 | 0/1 | 380 | 35 | $5,783 | |
| 763 Pennsylvania Ave #101 | 101 | $165,000 | 0/1 | 305 | 28 | $935 | |
| 544 Michigan Ave #10 | 10 | $179,000 | 0/1 | 0 | 0 | $461 | |
| 0 #8 | 8 | $180,000 | 0/1 | 300 | 28 | $1,114 | |
| 1050 Pennsylvania Ave #12-A | 12-A | $185,000 | 0/1 | 380 | 35 | $453 | |
| 900 Jefferson Ave #2 | 2 | $185,000 | 0/1 | 440 | 41 | $678 | |
| 763 Pennsylvania Ave #130 | 130 | $185,000 | 0/1 | 270 | 25 | $836 | |
| 763 Pennsylvania Ave #116 | 116 | $187,000 | 0/1 | 270 | 25 | $863 | |
| 653 Michigan Ave #4 | 4 | $190,000 | 0/1 | 450 | 42 | $357 | |
| 836 10th St #6 | 6 | $190,000 | 1/1 | 550 | 51 | $723 | |
| 1228 Pennsylvania Ave #2 | 2 | $196,000 | 0/1 | 400 | 37 | $320 | |
| 1228 Pennsylvania Ave #3 | 3 | $196,000 | 0/1 | 400 | 37 | $320 |
Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 433 | 09/12/2025 | $265,000 | $270,000 | 0 | 1 | 590 | 2 months |
| A202 | 09/12/2025 | $310,000 | $315,000 | 0 | 1 | 516 | 2 months |
| 528 | 09/11/2025 | $340,000 | $365,000 | 1 | 1 | 850 | 5 months |
| 309 | 09/10/2025 | $295,000 | $305,000 | 2 | 1 | 670 | 1 month |
| 2 | 09/09/2025 | $258,000 | $278,000 | 1 | 1 | 663 | 1 year |
| 515 | 09/09/2025 | $275,000 | $275,000 | 1 | 1 | 766 | 6 months |
| 422 | 09/08/2025 | $299,000 | $299,000 | 1 | 1 | 810 | 3 months |
| 312 | 09/05/2025 | $686,000 | $775,000 | 1 | 1 | 778 | 4 weeks |
| 920 | 09/05/2025 | $320,000 | $329,000 | 1 | 1 | 850 | 3 months |
| 240 | 09/04/2025 | $320,000 | $320,000 | 1 | 1 | 810 | 6 months |
| 1119/1120 | 09/04/2025 | $1,600,000 | $1,950,000 | 2 | 2 | 1,299 | 1 year |
| 1050-3 | 09/03/2025 | $257,000 | $265,000 | 1 | 1 | 621 | 1 month |
| 7 | 09/02/2025 | $250,000 | $265,900 | 1 | 1 | 665 | 7 months |
| 618 | 09/02/2025 | $340,000 | $350,000 | 1 | 1 | 850 | 5 months |
| 13 | 09/01/2025 | $181,900 | $184,999 | 0 | 1 | 400 | 1 month |
| 203 | 08/28/2025 | $325,000 | $339,900 | 1 | 1 | 742 | 4 months |
| 221 | 08/27/2025 | $405,000 | $419,000 | 1 | 1 | 655 | 2 months |
| 1603 | 08/25/2025 | $3,620,000 | $4,050,000 | 3 | 3 | 2,336 | 2 months |
| 131 | 08/22/2025 | $265,000 | $270,000 | 0 | 1 | 200 | 1 month |
| 905 | 08/20/2025 | $220,000 | $220,000 | 0 | 1 | 560 | 1 year |
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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
