Basic Information

  • MLS # A11740735
  • Type Mixed Use
  • Status Active
  • Year Built 1948
  • Total Sqft 7,500
  • Date Listed 02/07/2025
  • Days on Market 68
Description

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 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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Roof Description Composition
  • Style Mixed Use

Interior Features

  • Adjusted Sqft 7,500Sq.Ft
  • Cooling Description Central Air
  • Floor Description Concrete, Tile
  • Heating Description Central, Electric
  • Sqft 7,500 Sq.Ft

Property Features

  • Address 901 Pennsylvania Ave
  • Aprox. Lot Size 7,500
  • City Miami Beach
  • County Miami- Dade
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional
  • Occupant Type Call Agent
  • Postal City Miami Beach
  • Public Survey Section Two
  • Public Survey Township 2
  • Roof Composition
  • Sewer Description Public Sewer
  • Stories 2
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $0
  • Tax Legal desc O C E A N B E A C H A D D N N O3 P B2-81 W75 F T L O T S7&8 B L K35 L O T S I Z E75.000 X100 O R16033-013107931
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Mixed Use

901 Pennsylvania Ave

Miami Beach, FL 33139

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