Quadruplex in 901 Pennsylvania Ave Miami Beach for sale with MLS# A11998939

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 Ave, Miami Beach, FL 33139

Price
Price:
$3,499,000.00
Original List Price:
$3,499,000.00
Lease Details
Rent Includes:
Sewer, Trash Collection, Water
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
MLS Number:
A11998939
Description of Last Important Update:
New Listing
Last Major Update on:
April 10, 2026 4:22 pm
Measures
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air, Wall/window Unit(s)
Heating
Heating System:
Central, Wall Furnace
Construction
Year Built:
1948
Year Built Details:
Effective Year Built
Roof:
Composition
Architectural Style:
Fourplex
Levels:
Two
Construction Materials:
Block
Flooring:
Tile, Concrete
Stories:
2
Taxes and Expenses
Tax Annual Amount:
$59,664.00
Tax Year:
2025
Property Tax Status:
Tax Reflects No Exemptions
Parking
Parking Total Spaces:
0
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
South Beach
Senior Community:
No
Terms
Documents Available:
Other, Rent Rolls, Contracts
Listing Terms Considered by Seller:
Conventional
Occupant Type:
Tenant
Buyer Possession:
Other, Close Of Escrow
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):
02-42-03-009-0220
Zoning Description:
RO
Listing History
Originally published on:
April 10, 2026 4:22 pm
Active on the market since:
February 2, 2026
Price change occurred on:
April 10, 2026 4:18 pm
Listing Status Last Changed On:
April 10, 2026 4:22 pm
Photos updated on:
April 10, 2026 8:42 pm
Last Modified:
April 11, 2026 2:01 am
Additional Information
Type of Association:
None
Style:
Fourplex
Municipal Code:
2
Subdivision Number:
9
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Location
Street Name:
Pennsylvania Ave
Street Number:
901
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 46.9''
Longitude:
W81° 51' 58.5''
Property Map

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) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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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.