Basic Information

  • MLS # A11740735
  • Type Mixed Use
  • Status Active
  • Year Built 1948
  • Total Sqft 7,500
  • Date Listed 02/07/2025
  • Days on Market 90
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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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC.. tel: 305-851-2820

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