Excellent income-producing opportunity just steps from the ocean

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Condo For Sale

1027 Pennsylvania Ave 101

Miami Beach, Florida 33139

Miami-Dade County

Community: Penn Plaza Condo

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$239,000 1 br, 1.0 bath 580 sq. ft. 0.000 acres

Excellent income-producing opportunity just steps from the ocean. This bright corner unit on the first floor is currently rented for $2,000 per month, making it an ideal property for investors seeking immediate rental income. The unit features a spacious bedroom with a large walk-in closet, an open-concept layout, and abundant natural light throughout. Recent updates include a new water heater, newly renovated bathroom, and a recently serviced A/C system. Prime location close to the beach, dining, shopping, and entertainment, making it highly attractive for long-term tenants. - MOTIVATED SELLER. Ask the listing agent for the video tour.

Interior:
  • Bedrooms: 1
  • Baths: 1.0
  • Sq Ft: 580
  • Year Built: 1925
  • Utilities: 
  • Fireplaces: 
  • Stories: 3
  • Heat/AC: 
  • Garage: On Street
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: Other
  • Yard: 
  • Siding: Block
  • Roof: 
  • Property Taxes: $3,855
  • Yearly HOA Fee: $5,844
  • MLS #: A11883567
  • Unit Number: 101
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Contact Information:
Beach Condo For Sale in Miami Beach, Florida
Listing Agent: Ober Delgado Quiroz, United Realty Group, Inc, 801-687-4467, 954-450-2000 Listing Site, Listing Status: Active
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6655313
Viewed 50 times.
Updated: Mar 12, 2026

This property is a Condo located at 1027 Pennsylvania Ave 101, Miami Beach, Florida 33139, and is currently For Sale at $239,000. This Condo has 1 bedrooms, 1.0 baths, 580 sq ft.