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For sale
    • $199,000

    1231 Pennsylvania Ave APT 9, Miami Beach, FL 33139

    0beds
    446sqft
    : 
    $1,964/mo
    Get pre-qualified
    Condominium
    Built in 1965
    -- sqft lot
    $187,700 Zestimate®
    $446/sqft
    $564/mo HOA

    What's special

    Bright and spacious studioIn-unit washer and dryerFull kitchen
    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.
    75 days
    |
    167
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Soledad Mendoza-Puiggros 786-389-9414,

    The Keyes Company

    Source: MIAMI,MLS#: A12022372MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Den/Library/Office
      Heating
      • Other
      Cooling
      • Ceiling Fan(s), Electric, Wall/Window Unit(s)
      Appliances
      • Included: Gas Range, Gas Water Heater, Refrigerator
      • Laundry: Sink
      Features
      • Interior Hall, Closet Cabinetry
      • Flooring: Marble
      • Doors: High Impact Doors
      Interior area
      • Total structure area: 446
      • Total interior livable area: 446 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space
      • Garage spaces: 1
      Features
      • Entry location: Second Floor Entry
      • Has view: Yes
      • View description: Other
      Details
      • Parcel number: 0242030240090

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete Block Construction
      Condition
      • Year built: 1965

      Utilities & green energy

      • Gas: Natural Gas

      Community & HOA

      Community
      • Security: No Security
      • Application fee: $150
      • Pet fee: $0
      • Subdivision: 1231 Penn Inc Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Exterior Lighting
      • HOA fee: $564 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $446/sqft
      • Tax assessed value: $180,377
      • Annual tax amount: $3,238
      • Date on market: 5/20/2026
      • Listing terms: All Cash

        Estimated market value

        $187,700

        $178,000 - $197,000

        $1,843/mo

        Price history

        DateEventPrice
        5/20/2026Listed for sale$199,000+10955.6%$446/sqft
        Source: MIAMI #A12022372 Report a problem
        1/18/2026Listing removed$1,800$4/sqft
        Source: MIAMI #A11935542 Report a problem
        12/26/2025Listed for rent$1,800$4/sqft
        Source: MIAMI #A11935542 Report a problem
        2/11/2025Listing removed$1,800$4/sqft
        Source: Zillow Rentals Report a problem
        2/9/2025Listed for rent$1,800$4/sqft
        Source: Zillow Rentals Report a problem
        12/10/2024Listing removed$1,800$4/sqft
        Source: MIAMI #A11680032 Report a problem
        10/21/2024Listed for rent$1,800$4/sqft
        Source: MIAMI #A11680032 Report a problem
        2/24/2024Listing removed$1,800$4/sqft
        Source: The Keyes Company/Realtors #A11506148 Report a problem
        1/11/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/11/2024Pending sale$1,800+38.5%$4/sqft
        Source: The Keyes Company/Realtors #A11506148 Report a problem
        1/2/2024Listed for rent$1,800-5.2%$4/sqft
        Source: Zillow Rentals Report a problem
        5/4/2022Listing removed--
        Source: The Keyes Company/Realtors Report a problem
        4/19/2022Listed for rent$1,899+35.6%$4/sqft
        Source: Zillow Rental Network_1 #A11191353 Report a problem
        6/9/2016Listing removed$1,400+7.7%$3/sqft
        Source: Berkshire Hathaway Florida Realty Report a problem
        10/26/2015Listing removed$1,300$3/sqft
        Source: Berkshire Hathaway HomeServices Florida Realty #A2154926 Report a problem
        10/23/2015Pending sale$1,300-98.4%$3/sqft
        Source: Berkshire Hathaway HomeServices Florida Realty #A2154926 Report a problem
        9/11/2015Price change$1,300-3.7%$3/sqft
        Source: Berkshire Hathaway HomeServices Florida Realty Report a problem
        8/27/2015Listed for rent$1,350+22.7%$3/sqft
        Source: Berkshire Hathaway Home Services Florida Realty Report a problem
        2/11/2013Listing removed$1,100$2/sqft
        Source: Prudential Florida Realty #A1725094 Report a problem
        12/16/2012Listed for rent$1,100+18.9%$2/sqft
        Source: Prudential Florida Realty #A1725094 Report a problem
        1/6/2012Listing removed$925$2/sqft
        Source: Douglas Elliman Florida #A1581348 Report a problem
        12/8/2011Listed for rent$925$2/sqft
        Source: Douglas Elliman Florida #A1581348 Report a problem
        11/20/2009Sold$83,000+8.5%$186/sqft
        Source: Public Record Report a problem
        7/18/2003Sold$76,500+112.5%$172/sqft
        Source: Public Record Report a problem
        8/11/1995Sold$36,000$81/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,238 +4.7%$168,371 +10%
        2024$3,093 +8.9%$153,065 +10%
        2023$2,840 +12.7%$139,150 +10%
        2022$2,521 +13.5%$126,500 +10%
        2021$2,220 -0.3%$115,000
        2020$2,226 +5.2%$115,000 +7.4%
        2019$2,117 +2.7%$107,034 +10%
        2018$2,060 $97,304 +10%
        2017$2,060 +2.5%$88,459 +10%
        2016$2,009 +30.8%$80,418 +10%
        2015$1,536 +2.7%$73,108 +10%
        2014$1,495 +20.9%$66,462 +10%
        2013$1,237 $60,420
        2012$1,237 -1.1%$60,420
        2011$1,251 -15.6%$60,420 -10%
        2010$1,481 -30.3%$67,130 -35%
        2009$2,124 -10.3%$103,270 -12%
        2007$2,368 +0.5%$117,350
        2006$2,355 --
        2005$2,355 +32.5%--
        2004$1,778 +77.6%--
        2003$1,001 +12.4%--
        2002$891 --
        2001$891 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        98 / 100
        Walker's Paradise
        56 / 100
        Good Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Flamingo
        • Middle: Nautilus
        • High: Miami Beach

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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