$249,000
Miami Beach, FL 33139
MLS# A12027093
1 beds | 1 baths | 675 sqft
1 / 43
Property Description
0pportunity in the heart of South Beach! Bright and spacious 1 bedroom with den, assigned parking, in-unit washer & dryer, and a full kitchen — a major advantage compared to many South Beach studios with only kitchenettes. Functional layout with flexible den space ideal for a home office or guest area. Just blocks from Lincoln Road, Española Way, Flamingo Park, and only minutes from the beach. Enjoy being surrounded by top restaurants, cafés, shopping, nightlife, and everything that makes Miami Beach living unique. Excellent investor opportunity with tenant in place through June 2027 paying $2000/month, providing immediate rental income . aAsigned parking and in-unit washer .Excellent opportunity .
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Occupant Type: Tenant
Listing Date: 2026-05-16
Status: Active
Original List Price: 259000
List Price: $249,000
Current Price: $249,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33139
Subdivision Number: 24
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 1231
Street Name: Pennsylvania
Street Suffix: Avenue
Unit Number: 8
State Or Province: FL
Postal Code: 33139
Postal Code +4: 4438
Subdivision Name: 1231 PENN INC CONDO
Area: 2320
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
Parcel Number: 0242030240080
General Property Information
Unit Floor #: 2
Adjusted Area Main: 675
Living Area Main: 675
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Property Sub Type: Condominium
Bedrooms Total: 1
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 675
Year Built: 1965
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 768
Membership Fee Required YN: No
Association YN: 1
Association Fee: 768
Association Fee Frequency: Monthly
Tax Annual Amount: 3712
Tax Year: 2025
Tax Legal Description: 1231 PENN INC CONDO APT 8 SECOND FLOOR UNDIV 9.0909 % INT IN COMMON ELEMENTS CLERKS FILE 64R-187107 OR 20911-1111 12 2002 1 COC 22450-2616 0
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
3-4 Weeks Approval: 1
Amenities
Parking: 1
None: 1
Association Fee Includes
Sewer: 1
Trash: 1
Water: 1
Dining Area
Dining/Living Room: 1
Entry Information
Entry Level: 2
Flooring
Wood: 1
Parking Information
Open Parking Spaces: 1
Possession
Subject To Tenant Rights: 1
Special Information
Sold As-Is: 1
Heating
Other: 1
Leasing Restrictions
Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 180
Appliances
Gas Range: 1
Microwave: 1
Refrigerator: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Security Features
None: 1
Cooling
Electric: 1
Association Type
Condominium: 1
Showing Requirements
Appointment Only: 1
Master Bedroom/Bath
None: 1
Pets Allowed YN
Yes: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Open: 1
Room Types
Den: 1
Price Calculations
Current Price To SqFt: 368.88
Section Details
Parcel Number MLX: 0080
Status Change Information
Major Change Timestamp: 2026-09-29T10:26:06Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-29T10:26:06Z
Status Change Date: 2026-09-20
Originating Details
Originating System Key: 498657489
Originating System ID: M00000151
Property Features
Application Information: 3-4 Weeks Approval
Association Fee Includes: Sewer; Trash; Water
Dining Area: Dining/Living Room
Flooring: Wood
Appliances: Gas Range; Microwave; Refrigerator
Construction Materials: Block
Cooling: Electric
Association Type: Condominium
Heating: Other
Listing Terms: Cash
Pets Allowed YN: Yes
Possession: Subject To Tenant Rights
Security Features: None
Special Information: Sold As-Is
Tax Information: City/County
Showing Requirements: Appointment Only
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Room Types: Den
Room Information
| Room Name |
| Den |
1231- Insurance 7.28-1.27.27 
Listing Office: The Keyes Company
Last Updated: September - 29 - 2026
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