
1231 Penn Inc Unit 8 For Sale











































Property Details
| Asking Price | $249,000 |
|---|---|
| Price per SqFt | $369 |
| Maintenance Fee | $768 Monthly |
| Property Taxes | $3,712 2025 |
| Interior Space | 675 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1965 |
| MLS # | A12027093 |
Location
From the listing
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 .
Listed by The Keyes Company
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $768 a month; taxes $3,712 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 1231 Penn Inc Unit 8
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1692715 | $145,000 | 11/16/12 |

Listed by The Keyes Company. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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1231 Pennsylvania Ave 8, Miami Beach · MLS A12027093 · $249,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

