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.
- Heating System
- Cooling System
- Roof:
- Composition
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33139
- Street:
- 901 Pennsylvania Ave, Miami Beach, Florida 33139
- Longitude:
- W81° 51' 52.9''
- Latitude:
- N25° 47' 34.5''
- Building Area:
- 7,266 Sqft
- Cumulative DOM:
- 42
- DOM:
- 42
- Flooring:
- Tile, Concrete
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lease Term:
- 36 Months
- Parcel Number:
- 02-42-03-009-0220
- Structure Type:
- Multi Family
- Virtual Tour:
- Click Here
Commercial Sale For Sale
901 Pennsylvania Ave, Miami Beach, Florida 33139, Miami Beach, Florida 33139
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $3,499,000
- Year Built :
- 1948
- Lot Area :
- 7,500 Sqft
- MLS # :
- A11956440
- Property Sub Type :
- Multi Family
