Price Reduced 1.89%
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

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