$330,000
2 Beds · 1 Bath · 700 sqft
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.
Bedrooms
2
Bathrooms
1
Living Area
700 sqft
Heating
Central, Electric
Cooling
Central Air, Electric
Interior Features
First Floor Entry
Exterior Features
Other, Open Balcony
Garage Spaces
1
Parking Details
Assigned
Property Type
Condominium
MLS#
445686670
Year Built
1961
Area
Penn Condo
HOA/Maintenance
$560/mo
Days on Market
97
Monthly Payment
$2,605/mo
Listing courtesy of AFS Living
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 7/6/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.


