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$ 4,190,000
Est. payment | /mo
7,500 Sqft Lot
$ 4,190,000
Est. payment | /mo
7,500 Sqft Lot
Key Details
Property Type Commercial
Listing Status pending
Purchase Type For Sale
MLS Listing ID 11430553
Year Built 1948
Tax Year 2023
Lot Size 7,500 Sqft
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.
Location
State FL
County 12086
Rooms
Dining Room 0
Kitchen 0
Building
Story 2
Sewer Municipal
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11740735
Nearby Locations
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Barb Schlinker
Broker / Owner | License ID: 40004572