BreakThru Realty

1231 Pennsylvania Avenue 9, Miami Beach, FL 33139

$199,000 · Active

  • 0 beds
  • 1 bath
  • 446 sq ft
  • Condominium
  • Built 1965
  • HOA $564/mo
  • MLS# A12022372
  • 1231 Penn Inc Condo
Photo 1 at 1231 Pennsylvania Avenue 9, Miami BeachPhoto 2 at 1231 Pennsylvania Avenue 9, Miami BeachPhoto 3 at 1231 Pennsylvania Avenue 9, Miami BeachPhoto 4 at 1231 Pennsylvania Avenue 9, Miami BeachPhoto 5 at 1231 Pennsylvania Avenue 9, Miami BeachPhoto 6 at 1231 Pennsylvania Avenue 9, Miami BeachPhoto 7 at 1231 Pennsylvania Avenue 9, Miami BeachPhoto 8 at 1231 Pennsylvania Avenue 9, Miami Beach

About this home

Rare opportunity in the heart of South Beach! Bright and spacious studio 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 January 2027 paying $1,800/month, providing immediate rental income and an estimated 5.83% ROI. Aprox.Property is tenant occupied; same-day showing requests may be subject to delays and confirmationSame owner also offers Unit #8, a 1-bedroom + den residence featuring assigned parking and in-unit washer & dryer. Excellent opportunity for investors seeking multiple units in the same South Beach building.

Features

  • Closet Cabinetry
  • Lighting

Schools

  • Elementary: Miami Beach Fienberg / Fisher K-8
  • High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

The Keyes Company · Listing agent: Soledad Mendoza-Puiggros

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1231 Pennsylvania Avenue 9.

Questions About 1231 Pennsylvania Avenue 9

How much is 1231 Pennsylvania Avenue 9?
1231 Pennsylvania Avenue 9 is listed at $199,000, which is about $446 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 1231 Pennsylvania Avenue 9?
The listing reports an association fee of $564 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 1231 Pennsylvania Avenue 9?
The listing reports annual property taxes of $3,238 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1231 Pennsylvania Avenue 9 built?
1231 Pennsylvania Avenue 9 was built in 1965 and the listing describes its condition as . Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1231 Pennsylvania Avenue 9 been on the market?
1231 Pennsylvania Avenue 9 has been listed for 126 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1231 Pennsylvania Avenue 9?
The MLS lists Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1231 Pennsylvania Avenue 9?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 1 bedroom condo at 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139 is comparable and listed for sale at $250,000. Another comparable condo, 500 14th Street 101, Miami Beach, FL 33139, sold for $165,000 in September 2026. Other Miami Beach neighborhoods include Mid-Beach and North Beach. Nearby ZIP codes include 33109 and 33140. This property also neighbors Miami, Brickell, and Key Biscayne. Compare it with the Miami Beach housing market report.