Multifamily in Miami Beach, FL 33139
901 Pennsylvania Ave #7

$3.5M7.1%
$3,250,000
NaN
SqFt
Status
Sold - Aug 24, 2026
Size
N/A
Price
N/A
Type
Multifamily
Built
1948
MLS Number
A11998939
On Site
158 Days
Updated
18 Days ago
Page Views
0
Introducing 901 PENN, a prime South Beach investment on a 7,500 SF corner lot at Pennsylvania Ave & 9th St. This mixed-use property features six (6) apartments & four (4) ground-floor retail/office units with Washington Ave visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investment strategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capital improvements—new roof (2023), exterior paint, AC units, & more. Positioned in a high-foot-traffic area, surrounded by hotels, restaurants, shopping, and nightlife, 901 PENN benefits from unbeatable exposure and walkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world- class destination.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,WallFurnace
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: Concrete,Tile
        • Year Built: 1948
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-04-10T16:22:26.000-00:00
          Taxes, Fees & More
          • Taxes: 59664

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          Price History

          Current
          $3.3M
          High
          $3.5M
          Low
          $3.3M
          Total Change
          -7.1%
          $3.5M$3.4M$3.2MApr 26May 26May 26Aug 26
          Date
          Event
          Price
          Change
          Price Per
          08/24/2026
          Sold
          $3.3M
          0%
          N/A ft2
          N/A m2
          05/22/2026
          Price Reduced
          $3.3M
          -5.8%
          N/A ft2
          N/A m2
          05/22/2026
          Price Reduced
          $3.5M
          -1.4%
          N/A ft2
          N/A m2
          04/10/2026
          Listed
          $3.5M
           
          N/A ft2
          N/A m2
          08/24/2026
          $3.3M
          Event
          Sold
          Change
          0%
          Price Per
          N/A ft2
          N/A m2
          05/22/2026
          $3.3M
          Event
          Price Reduced
          Change
          -5.8%
          Price Per
          N/A ft2
          N/A m2
          05/22/2026
          $3.5M
          Event
          Price Reduced
          Change
          -1.4%
          Price Per
          N/A ft2
          N/A m2
          04/10/2026
          $3.5M
          Event
          Listed
          Price Per
          N/A ft2
          N/A m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Jesse SpencerCompass Florida, LLC • Buyer Agency Compensation .

          Listing Location & Street View
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