Introducing 901 PENN, a prime South Beach investment on a 7, 500 SF corner lot at Pennsylvania Ave amp ; 9th St.
| Website: | https://www.nestseekers.com/5619013 |
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| Address: | Miami Beach, FL 33139 |
| Ownership: | For Sale |
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| 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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11998939
Amenities
- Cable - Available
Deborah L. Ginsburg 150 Worth Ave, Palm Beach, FL 33480 Phone: +1 561-725-9229 | |
| Listing Courtesy of Compass Florida, LLC | |