Introducing 901 PENN, a prime South Beach investment on a 7, 500 SF corner lot at Pennsylvania Ave amp ; 9th St.


Property

Website:https://www.nestseekers.com/5619013
Address:
Miami Beach, FL 33139
Ownership: For Sale
Type: Unknown

Financials

Price:$3,450,000
Annual Taxes:$59,664

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 WashingtonAve visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investmentstrategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capitalimprovements—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 andwalkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world-class destination.

Amenities

  • Cable - Available

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Compass Florida, LLC

Miami Beach FL 33139 USA