Miami Beach, FL 33139,1027 Pennsylvania Ave #101
Miami Beach, FL 33139,1027 Pennsylvania Ave #101
Miami Beach, FL 33139,1027 Pennsylvania Ave #101
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$260,000
Est. payment /mo
1 Bed
1 Bath
580 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 580 sqft

Price per Sqft $448

Subdivision Penn Plaza Condo

MLS Listing ID A11643933

Bedrooms 1

Full Baths 1

Construction Status Resale

HOA Fees $466/mo

HOA Y/N Yes

Min Days of Lease 180

Leases Per Year 2

Year Built 1925

Annual Tax Amount $3,408

Tax Year 2024

Property Sub-Type Condominium

Property Description

INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! This is the income-producing asset you've been waiting for! Fully rented 1BD/1BA South Beach condo generating $2,000/month with a locked-in lease through January 2026. That's ZERO vacancy risk and immediate, guaranteed returns. Located just steps from world-famous beaches in one of Miami's highest-demand rental zones, this light-filled unit features an open layout, stainless steel appliances, walk-in closet, and generous kitchen space—perfect for long-term tenant appeal. With a strong rental history and reliable tenant in place, this is a turnkey investment, no management headaches, and solid ROI. Secure a profitable asset in one of the most iconic markets in the U.S. – South Beach!

Location

State FL

County Miami-dade

Community Penn Plaza Condo

Area 42

Interior

Interior Features Bedroom on Main Level, First Floor Entry

Heating Central

Cooling Central Air

Flooring Vinyl

Appliance Dishwasher, Electric Range, Microwave, Refrigerator, Trash Compactor

Laundry Common Area

Exterior

Exterior Feature Fence

Amenities Available Laundry

View Other

Garage No

Private Pool Yes

Building

Structure Type Block

Construction Status Resale

Others

Pets Allowed Conditional, Yes

HOA Fee Include Insurance,Laundry,Maintenance Structure

Senior Community No

Tax ID 02-42-03-246-0010

Ownership Sole Proprietor

Security Features Complex Fenced,Key Card Entry

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed Conditional, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11643933


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Listed by United Realty Group Inc

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agent

Joshua Rosenberg

+1(954) 483-8155

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