901 Pennsylvania Ave, Miami Beach FL 33139

For sale Days on market 172

OCEAN BEACH ADDN NO 3 [ Quadruplex ]

$3,450,000

$49,000
Price Decreased

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Overview

Year Built

1948

Property Type

Quadruplex

Property Description

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.

Property Details

MLS#

A11998939

Total Floor in Bldg

Building

OCEAN BEACH ADDN NO 3

Address

901 Pennsylvania Ave

City

Miami Beach

State/county

Zip/Postal Code

33139

Area

South Beach

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$59,664

Maint Fee

$--

Tax Year

2025

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