Condo in 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139 for sale with MLS# A12027093

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 .

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1231 Pennsylvania Avenue 8, Miami Beach, FL 33139

Price
Price:
$249,000.00
Original List Price:
$259,000.00
List Price per Sq Ft (Calculated, Approx.):
$368.88
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
September 29, 2026 10:26 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Room Type:
Den
Dining Area:
Dining/Living Room
Measures
Living Area:
675 Sqft
Built-Up Area:
675 Sqft
Property Features
Waterfront:
No
Appliances:
Microwave, Refrigerator, Gas Range
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Other
Balcony Details:
Balcony - Open
Construction
Year Built:
1965
Levels:
Two
Entry Level (floor):
2
Construction Materials:
Block
Flooring:
Wood
Number of stories:
2
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$3,712.00
Tax Year:
2025
Association Fee:
$768.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
None, Parking
Subdivision Name:
1231 PENN INC CONDO
Association Fee Includes:
Sewer, Water, Trash
Senior Community:
No
Minimum Days per Lease:
180
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Subject To Tenant Rights
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
0242030240080
Public Schools Assigned
Elementary School:
Fulford
High School:
Miami Beach
Listing History
Active on the market since:
September 20, 2026
Listing Agreement executed on:
May 16, 2026
Price change occurred on:
September 29, 2026 10:26 am
Listing Status Last Changed On:
September 20, 2026 5:15 am
Photos updated on:
September 20, 2026 4:20 am
Last Modified:
September 30, 2026 6:38 pm
Additional Information
Courtesy of:
The Keyes Company
Attribution:
Not provided
Location
Floor Number:
2
Street Name:
Pennsylvania
Street Number:
1231
Unit Number:
8
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 0.4''
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
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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.