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$ 3,450,000
Est. payment /mo
Price Dropped by $49K
901 Pennsylvania Ave Miami Beach, FL 33139
7,500 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11641427
Year Built 1948
Lot Size 7,500 Sqft
Property 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/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.
Location
State FL
County 12086
Rooms
Dining Room 0
Kitchen 0
Building
Story 2
Sewer Municipal
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11956440