Basic Information

  • MLS # A11989126
  • Type Condominiums
  • Status
  • Subdivision/Complex Penn Condo
  • Year Built 1961
  • Total Sqft 700
  • Date Listed 03/25/2026
  • Days on Market 9
Description

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.

Amenities

  • Laundry

Exterior Features

  • Waterfront No
  • Pool No
  • Exterior Features Balcony, Fence, Patio
  • Parking Spaces 1
  • Parking Description Assigned

Interior Features

  • Adjusted Sqft 700
  • Interior Features First Floor Entry, Main Level Primary
  • Sqft 700

Property Features

  • Furnished Info No
  • Short Sale Regular Sale
  • HOA Fees $560
  • Subdivision Complex Penn Condo
  • Subdivision Info Penn Condo
  • Tax Amount $3,512
  • Tax Year 2025

1228 Pennsylvania Ave #7

Miami Beach, FL 33139

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