Multifamily in 901 Pennsylvania Ave Miami Beach for sale with MLS# A11956440
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.
901 Pennsylvania Ave, Miami Beach, FL 33139
- Price:
- $3,499,000.00
- Previous Asking Price:
- $3,799,000.00
- Original List Price:
- $3,799,000.00
- Lease Term:
- 36 Months
- Tenant Pays:
- Electricity, Common Area Maintenance, Hvac Maintenance, Insurance, Taxes, Other
- Lease Terms / Move In Requirements:
- 1–3 Year Lease, 4–6 Year Lease, Annual Lease, Triple Net Lease
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11956440
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- March 16, 2026 12:48 pm
- Built-Up Area:
- 7,266 Sqft
- Lot Area:
- 7,500 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Electric
- Year Built:
- 1948
- Roof:
- Composition
- Number of Buildings:
- 1
- Number of Units Total:
- 10
- Levels:
- Two
- Flooring:
- Tile, Concrete
- Structure Type:
- Multifamily
- Stories:
- 2
- Tax Annual Amount:
- $0.00
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Senior Community:
- No
- Occupant Type:
- Tenant
- Tax Legal Description:
- OCEAN BEACH ADDN NO 3 PB 2-81 W75FT LOTS 7 & 8 BLK 35 LOT SIZE 75.000 X 100 OR 16033-0131 0793 1
- Real Estate Folio Number (Parcel Number):
- 02-42-03-009-0220
- Originally published on:
- February 2, 2026 1:03 pm
- Active on the market since:
- February 2, 2026
- Price change occurred on:
- March 16, 2026 12:48 pm
- Listing Status Last Changed On:
- February 2, 2026 1:03 pm
- Photos updated on:
- February 2, 2026 6:19 pm
- Last Modified:
- March 16, 2026 4:48 pm
- Municipal Code:
- 2
- Subdivision Number:
- 9
- Common Area Maint Includes:
- Fire Liability Insurance, Outside Insurance, Management Fees, Real Estate Tax
- Courtesy of:
- Compass Florida, LLC
- Attribution:
- Not provided
- Street Name:
- Pennsylvania Ave
- Street Number:
- 901
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 46.8''
- Longitude:
- W81° 51' 58.5''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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