Property 901 Pennsylvania Avenue, Miami Beach, FL 33139 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.

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Days on the market

901 Pennsylvania Avenue, Miami Beach, FL 33139

Price
Price:
$3,450,000.00
Original List Price:
$3,799,000.00
List Price per Sq Ft (Calculated, Approx.):
$474.81
Lease Details
Tenant Pays:
Electricity, Common Area Maintenance, Hvac Maintenance, Insurance, Taxes, Other, Maintenance, Interior Electric, Real Estate Taxes, Outside Insurance
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Business Type:
Retail
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Status Change
Last Major Update on:
July 25, 2026 3:58 am
Measures
Built-Up Area:
7,266 Sqft
Lot Size Acres:
0.17
Property Features
Air Conditioning
Air Conditioning System:
Central Individual
Heating
Heating System:
Electric
Construction
Year Built:
1948
Number of Buildings:
1
Flooring:
Tile, Concrete
Number of stories:
2
Structure Type:
Office, Retail
Utilities
Sewer:
Public Sewer
Community
Senior Community:
No
Zoning and Legal
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):
0242030090220
Listing History
Active on the market since:
February 2, 2026
Listing Agreement executed on:
February 2, 2026
Purchase Contract Date:
July 24, 2026
Price change occurred on:
May 22, 2026 10:34 pm
Listing Status Last Changed On:
July 25, 2026 3:58 am
Photos updated on:
July 25, 2026 4:03 am
Last Modified:
July 25, 2026 4:04 am
Additional Information
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Location
Street Name:
Pennsylvania
Street Number:
901
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 46.8''
Longitude:
W81° 51' 58.5''
Street Suffix:
Avenue
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
Ver la Propiedad Ver la propiedad 901 Pennsylvania Avenue, Miami Beach, FL 33139
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.