Price Reduced 1.89%

$260,000 ($448.28 per sqft)

Est. Mortgage $1,401/mo *

Quick Pre-Approval

Price History

$265,000
8/19/2024

$262,000
3/7/2025

$260,000
4/8/2025


1027 Pennsylvania Ave, #101, Miami Beach, FL, 33139

1027 Pennsylvania Ave, #101, Miami Beach, FL, 33139

1 beds

1 Full baths

1925

580 sqft

INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! This is the income-producing asset you’ve been waiting for! Fully rented 1BD/1BA South Beach condo generating $2,000/month with a locked-in lease through January 2026. That’s ZERO vacancy risk and immediate, guaranteed returns. Located just steps from world-famous beaches in one of Miami’s highest-demand rental zones, this light-filled unit features an open layout, stainless steel appliances, walk-in closet, and generous kitchen space—perfect for long-term tenant appeal. With a strong rental history and reliable tenant in place, this is a turnkey investment, no management headaches, and solid ROI. Secure a profitable asset in one of the most iconic markets in the U.S. – South Beach!


Status:

Active

Type:

Condo

Laundry Remarks:

Common Area

Complex:

PENN PLAZA CONDO

Garage:

On Street

Heating:

Central

Cooling:

Central Air

Levels:

3

Common Charge:

$466 Monthly

Est. Taxes:

$3,408

HOA Fee

$466

Construction

Block

View Description:

Other

Amenities:

Laundry

Days on Market:

218

Pet Allowed:

Yes

Pet Policy:

Conditional, Yes

Appliances:

Dishwasher, Electric Range, Microwave, Refrigerator, Trash Compactor

MLS #:

A11643933


Community Info

School Info

Walk Score

Yelp



Listing courtesy of United Realty Group Inc Phone: 954-450-2000