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 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
: Central Electric
: Central Individual A/c
: Tile, Concrete
: Composition Roll
: Public Sanitation
Address Map
FL
Miami-Dade County
Miami Beach
33139
901 Pennsylvania Ave
0
W81° 51' 58.6''
N25° 46' 46.8''
MLS Addon
1
: Annual Lease, 4 To 6 Year Lease
: All Cash, Conventional/refinance, Other Lease Terms
: Sale
2
: Commercial, Free Standing, Office/retail
2023

Commercial Sale For Sale

901 Pennsylvania Ave, Miami Beach, Florida 33139

7,500 Sqft
$4,190,000
Listing ID #A11740735
Basic Details
Property Type : Commercial Sale
Property SubType : Mixed Use
Listing Type : For Sale
Listing ID : A11740735
Price : $4,190,000
Year Built : 1948
Lot Area : 7,500 Sqft
Building Area : 7,266 Sqft
Status : Active
Agent info
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