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Active Income/MultiFamily
$3,450,000 ↓ −$349,000 (9.2%)
901 Pennsylvania Ave, Miami Beach FL 33139, Miami Beach, FL 33139
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1948
Year Built

About This Property

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.

Property Details

Property Type Income/MultiFamily
Days on Market 124 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Miami Beach Fienberg/Fisher K-8 Center
Elementary 305-531-0419
PK-8
1420 Washington Ave., Miami Beach, FL 33139
Nautilus Middle
Middle 305-532-3481
6-8
4301 N Michigan Ave., Miami Beach, FL 33140
Miami Beach Senior High
High School 305-532-4515
9-12
2231 Prairie Ave., Miami Beach, FL 33139

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
Broker Associate

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