901 Pennsylvania Ave
901, Pennsylvania Ave, Miami Beach, FL, 33139Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 2
- Lot size: 7500, 7500 sq ft
- Year built: 1948
- County: Miami-Dade
- Lease Term: ThirtySixMonths
- MLS ID: A11956440
Description
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Description:
OCEAN BEACH ADDN NO 3 PB 2-81 W75FT LOTS 7 & 8 BLK 35 LOT SIZE 75.000 X 100 OR 16033-0131 0793 1 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/office 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 improvements—new 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.
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Building Details
Amenities & Features
- Roof: Composition
- Cooling: CentralAir
- Heating: Central,Electric
Miscellaneous
- List Office Name: Compass Florida, LLC
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This Multifamily-type commercial real estate is located in 901, Pennsylvania Ave, Miami Beach, FL, 33139 was built in 1948, and is listed at $3,799,000.