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.

Features
Heating System
Cooling System
Roof:
Composition
Sewer
Address Map
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''
MLS Addon
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:
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Commercial Sale For Sale

901 Pennsylvania Ave, Miami Beach, Florida 33139, Miami Beach, Florida 33139

7,500 Sqft
$3,499,000
MLS # #A11956440
Basic Details
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
Agent info
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