1231 Penn Condos For Sale

Entry-Level
Ultra LuxuryAbove $1,000 per SqFt
High-End$650 - $1,000 per SqFt
Mid-Tier$400 - $650 per SqFt
Premium$300 - $400 per SqFt
Entry-LevelBelow $300 per SqFt
Reviews (
)
Market Action
Loading
Shows who has more leverage in the market
0–30 favors buyers
30–100 favors sellers
Selling Speed
4
Slow
Shows how quickly homes are being absorbed by buyers
20%+ Fast
8–19.9% Steady
Below 8% Slow
Inventory Supply
25
High
Shows how many months it would take to sell current inventory
0–3 Low
3–6 Balanced
6+ High
Sales Activity
Updating
Awaiting sufficient data
Shows how often homes are selling in this community
2+/mo Active
0.75–1.99/mo Steady
Below 0.75/mo Quiet
Rating
Loading
Community rating based on resident and buyer reviews
4.5+ Excellent
4.0–4.49 Good
3.0–3.99 Average
Below 3.0 Below Average
Results 2 of 2
1231 Penn, 1231 Pennsylvania Ave #8, Miami Beach, Florida 33139, image 1
1231 Penn, 1231 Pennsylvania Ave #8, Miami Beach, Florida 33139, image 2
$250,000 $9K
  • 1 Beds
  • 1 Baths
  • 675 SqFt
  • $370/SqFt
Entry-Level
Condo for sale in 1231 Penn
1231 Pennsylvania Ave #8, Miami Beach, FL 33139
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.
1231 Penn, 1231 Pennsylvania Ave #9, Miami Beach, Florida 33139, image 1
1231 Penn, 1231 Pennsylvania Ave #9, Miami Beach, Florida 33139, image 2
$199,000
  • Studio
  • 1 Baths
  • 446 SqFt
  • $446/SqFt
Entry-Level
Condo for sale in 1231 Penn
1231 Pennsylvania Ave #9, Miami Beach, FL 33139
Rare opportunity in the heart of south beach! Bright and spacious studio 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 january 2027 paying $1, 800/month, providing immediate rental income and an estimated 5.83% roi. Aprox.Property is tenant occupied; same-day showing requests may be subject to delays and confirmation same owner also offers unit #8, a 1-bedroom + den residence featuring assigned parking and in-unit washer & dryer. Excellent opportunity for investors seeking multiple units in the same south beach building.
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Subdivision Amenities

Laundry
Maintenance
None
Vehicle Wash Area

Community Residences

Stack/LineFloorExposureView
0111/1709
None
0211/1687
Other
031‑/‑438
041‑/‑429
0511/1689
None
061‑/‑706
0711/1675
Garden
081‑/‑446
091‑/‑700
101‑/‑704
Stack/Line: 01
Floor: 1
Bed/Bath: 1/1
Size SqFt: 709
Exposure:
View:
None
Stack/Line: 02
Floor: 1
Bed/Bath: 1/1
Size SqFt: 687
Exposure:
View:
Other
Stack/Line: 03
Floor: 1
Bed/Bath: ‑/‑
Size SqFt: 438
Exposure:
View:
Stack/Line: 04
Floor: 1
Bed/Bath: ‑/‑
Size SqFt: 429
Exposure:
View:
Stack/Line: 05
Floor: 1
Bed/Bath: 1/1
Size SqFt: 689
Exposure:
View:
None
Stack/Line: 06
Floor: 1
Bed/Bath: ‑/‑
Size SqFt: 706
Exposure:
View:
Stack/Line: 07
Floor: 1
Bed/Bath: 1/1
Size SqFt: 675
Exposure:
View:
Garden
Stack/Line: 08
Floor: 1
Bed/Bath: ‑/‑
Size SqFt: 446
Exposure:
View:
Stack/Line: 09
Floor: 1
Bed/Bath: ‑/‑
Size SqFt: 700
Exposure:
View:
Stack/Line: 10
Floor: 1
Bed/Bath: ‑/‑
Size SqFt: 704
Exposure:
View:

Frequently Asked Questions

Nearby Subdivisions

Mid-Tier
0.01 miles
For Sale (1)
$330K - $330K
Mid-Tier
0.02 miles
For Sale (1)
$205K - $205K
Mid-Tier
0.02 miles
For Sale (1)
$189K - $189K
Mid-Tier
0.03 miles
For Sale (1)
$299K - $299K
Premium
0.03 miles
For Sale (3)
$289K - $299K

Schools

Scores

Walk Score®
Walker's Paradise. Daily errands do not require a car
98

100
Transit Score®
Good Transit. Many nearby public transportation options
56

100
Bike Score®
Very Bikeable. Biking is convenient for most trips
76

100
Sound Score®
Very loud
73

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
32

100
Local Score
Limited local amenities nearby
3

100

Miami Beach
Entry-Level
Entry-Level Homes & Condos

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