1027 Pennsylvania Ave #101 Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33139
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 580 sqft
Price per Sqft $448
Subdivision Penn Plaza Condo
MLS Listing ID A11643933
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $466/mo
HOA Y/N Yes
Min Days of Lease 180
Leases Per Year 2
Year Built 1925
Annual Tax Amount $3,408
Tax Year 2024
Property Sub-Type Condominium
Property Description
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!
Location
State FL
County Miami-dade
Community Penn Plaza Condo
Area 42
Interior
Interior Features Bedroom on Main Level,First Floor Entry
Heating Central
Cooling Central Air
Flooring Vinyl
Appliance Dishwasher,Electric Range,Microwave,Refrigerator,Trash Compactor
Laundry Common Area
Exterior
Exterior Feature Fence
Amenities Available Laundry
View Other
Garage No
Private Pool Yes
Building
Structure Type Block
Construction Status Resale
Others
Pets Allowed Conditional,Yes
HOA Fee Include Insurance,Laundry,Maintenance Structure
Senior Community No
Tax ID 02-42-03-246-0010
Ownership Sole Proprietor
Security Features Complex Fenced,Key Card Entry
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Pets Allowed Conditional,Yes
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11643933