1231 Pennsylvania Avenue 8, Miami Beach, FL 33139 (MLS# A12027093)

1231 Pennsylvania Avenue 8, Miami Beach, FL 33139

$249,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 675 Status: Active
Current Price: $249,000 List Date: 9/20/2026 Last Modified: 10/31/2026

Overview

Description

0pportunity 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 . aAsigned parking and in-unit washer .Excellent opportunity .

Listing Details MLS# A12027093

General Property Information

Unit Floor #
2
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
675
Living Area Main
675
Adjusted Area Main
675
Year Built
1965
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Sewer; Trash; Water Dining Area: Dining/Living Room Flooring: Wood Appliances: Gas Range; Microwave; Refrigerator Construction Materials: Block Cooling: Electric Association Type: Condominium Heating: Other Listing Terms: Cash Pets Allowed YN: Yes Possession: Subject To Tenant Rights Security Features: None Special Information: Sold As-Is Tax Information: City/County Showing Requirements: Appointment Only Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Room Types: Den

Contract Information

Comp Sale YN
No
Original List Price
259000
Occupant Type
Tenant

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1231
Street Name
Pennsylvania
Street Suffix
Avenue
Unit Number
8
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
4438
Postal Zip
33139
Subdivision Name
1231 PENN INC CONDO
Area
2320
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Special Assessment YN
No
Parcel Number
0242030240080
Subdivision Number
24
Flood Zone
AE

Financial Information

Association YN
Yes
Association Fee
768
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
768
Membership Fee Required YN
No
Tax Annual Amount
3712
Tax Year
2025
Tax Legal Description
1231 PENN INC CONDO APT 8 SECOND FLOOR UNDIV 9.0909 % INT IN COMMON ELEMENTS CLERKS FILE 64R-187107 OR 20911-1111 12 2002 1 COC 22450-2616 0

Status Change Information

Major Change Timestamp
2026-09-29T10:26:06Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-29T10:26:06Z
Status Change Date
2026-09-20

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
2

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Max Times Per Year
2
Leasing - Minimum Number of Days
180

Price Calculations

Current Price To SqFt
368.88

Section Details

Parcel Number MLX
0080

Originating Details

Originating System Key
498657489
Originating System ID
M00000151

Room Information

Room Name
Den

Documents

IDX
Listing Office: The Keyes Company
Source MLS Verified
Last Updated: October - 31 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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