1228 Pennsylvania Ave Unit #7, Miami Beach, FL 33139

$330,000
2
BD
1
BA
700
SqFt

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List Price
$330,000
MLS#
A11989126
Complex Name
Penn Condo
Status
ACTIVE
Type
Condo
Bedrooms
2
Full baths
1
Living Area
700

Property Description

Turnkey 2-bedroom, 1-bath condo in the heart of Miami Beach — ideal for savvy investors. Currently rented at $2,700/month through March 2027, offering immediate and stable cash flow from day one. Features include a bright, open layout with modern finishes, full appliance package, one assigned parking space, and an open balcony/patio. The building has passed its 40-year certification, with a new roof installed last year and exterior repainting currently in progress, enhancing both curb appeal and long-term value. With 365 lease days allowed per year, this is a streamlined addition to any South Florida investment portfolio. Minutes from the beach, dining, shopping, and entertainment. Cash only.

Additional Information

Days on Market
126
Interior Features
First Floor Entry
Tax Amount
$3,512
Parcel Number
02-42-03-175-0070
#Garage Spaces
1
Bedroom Description
Primary Bedroom Ground Level
Exterior Features
Other, Open Balcony
Association Fee
$560
Unit View
Other View
Parking Restrictions
Assigned
Pet Restrictions
No
Pets Allowed
Yes
Unit Number
7
SqFt Liv Area
700
Amenities
Laundry
Year Built
1961
Style
Condo 1-4 Stories, Condo
Restrictions
Ok To Lease
Development Name
Penn Condo
Middle School
Nautilus
Senior High School
Miami Beach
Construction Type
CBS Construction
Section
3

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Listing Courtesy of AFS Living, Contact: