$250,000
1 Bed · 1 Bath · 675 sqft
Rare opportunity in the heart of South Beach! Bright and spacious 1 bedroom with den, assigned parking, in-unit washer & dryer, and a full kitchen — a major advantage compared to many South Beach studios with only kitchenettes. Functional layout with flexible den space ideal for a home office or guest area. Just blocks from Lincoln Road, Española Way, Flamingo Park, and only minutes from the beach. Enjoy being surrounded by top restaurants, cafés, shopping, nightlife, and everything that makes Miami Beach living unique. Excellent investor opportunity with tenant in place through June 2027 paying $2000/month, providing immediate rental income and an estimated 4,5% Unfurnished. ROI. Same owner also offers Unit #9, a studio + den residence featuring assigned parking and in-unit washer .Excellent opportunity for investors seeking multiple units in the same South Beach building.
Bedrooms
1
Bathrooms
1
Living Area
675 sqft
Heating
Other
Cooling
Electric
Interior Features
Second Floor Entry, Den/Library/Office
Exterior Features
None, Open Balcony
Garage Spaces
1
Parking Details
1 Space
Property Type
Condominium
MLS#
498657489
Year Built
1965
Area
1231 Penn Inc Condo
HOA/Maintenance
$768/mo
Days on Market
33
Monthly Payment
$2,318/mo
Listing courtesy of The Keyes Company
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®.


