1231 Pennsylvania Ave
1231 Pennsylvania Ave Miami Beach 331391 bedrooms | 1 bathroom | 0 half bath | 675 sqft
$259,000
Property Details
- MLS #
- A12022764
- Unit #
- Address
- 1231 PENNSYLVANIA AVE map
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area (f2)
- 675
- Living Area (M2)
- 63
- Year Built
- 1965
- Waterfront
- Status
- Active
- Listing Type
- Single Family
- Maintenance Fee
- $768
- Complex
- 1231 PENN INC CONDO
- Days On Market
- 2
- Pool
- Pets Allowed
- N/A
- Parking Spaces
- 1
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Property Description
Rare opportunity in the heart of South Beach! Bright and spacious 1 bedroom 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 June 2027 paying $2000/month, providing immediate rental income and an estimated 4,5% Unfernished. ROI. Same owner also offers Unit #9, a studio + den residence featuring assigned parking and in-unit washer .Excellent opportunity for investors seeking multiple units in the same South Beach building.
Property Amenities
Equipment
- Gas Water Heater
- Gas Range
- Refrigerator
Interior Features
- Second Floor Entry
- Den/Library/Office
Exterior Features
- Open Balcony
Similar Properties
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 1231 Pennsylvania Ave | $259,000 | 1/1 | 675 | 63 | $768 | ||
| 240 Collins Ave | $385,000 | 1/1 | 665 | 62 | $864 | ||
| 234 SE 3rd Ter | $515,000 | 2/2 | 1,287 | 120 | $0 | ||
| 507 NW 8th Ave #1 | $579,900 | 3/2 | 1,205 | 112 | $0 | ||
| 507 NW 8th Ave #2 | $579,900 | 3/2 | 1,196 | 111 | $0 | ||
| 1405 Lenox Ave | $2,200,000 | 4/2 | 2,112 | 196 | $0 | ||
| 1255 Lenox Ave | $2,300,000 | 3/3 | 2,573 | 239 | $0 | ||
| 1335 Lenox Ave | $2,499,000 | 5/3 | 2,363 | 220 | $0 | ||
| 1018 Jefferson Ave | $2,550,000 | 12/11 | 4,689 | 436 | $0 |
Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 01/13/2026 | $1,200,000 | $1,499,000 | 3 | 2 | 2,112 | 2 months |
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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
