901 Pennsylvania Ave ,Mixed Use for Sale & Rent

901 Pennsylvania Ave for Sale & Rent

Price $4,190,000.00

• Lot size 7500
• Year Build 1948
• Waterfront
• Zip 33139
• Style
• Parking Description
• Pool Yes
• Status Active

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.

For all showing requests please use ShowingTime. For Full Financials CA is required.

OCEAN BEACH ADDN NO 3 PB 2-81 W75FT LOTS 7 & 8 BLK 35 LOT SIZE 75.000 X 100 OR 16033-0131 0793 1

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.

City:Miami Beach,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Tile,Latitude:25.7796609,Cooling Y N:1,Heating Y N:1,Lease Term:4 To 6 Year Lease,Annual Lease,List Price:4190000,Listing Id:A11740735,Longitude:-80.1337123,Mls Status:Active,Year Built:1948,Postal Code:33139,Street Name:Pennsylvania Ave,Tenant Pays:1:Common Area Maintenance,2:Electricity,3:Outside Insurance,4:Other,5:Real Estate Tax,Coordinates:1:25.7796609,Photos Count:53,Business Type:1:Residential-Multi-Family,Days On Market:46,Listing Terms:1:All Cash,2:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2025-02-07,Parcel Number:02-42-03-009-0220,Property Type:Commercial Sale,Stories Total:2,Street Number:901,Public Remarks: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.,Structure Type:1:Free Standing,2:Office/Retail,County Or Parish:Miami-Dade County,List Office Name:Compass Florida, LLC.,Private Remarks:For all showing requests please use ShowingTime. For Full Financials CA is required.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5408,Property Sub Type:Mixed Use,State Or Province:FL,Unparsed Address:901 Pennsylvania Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Agency,Building Area Total:7266,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:7500,Number Of Buildings:1,Original List Price:4190000,Public Survey Range:42,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-02-07,Originating System I D:miamire,Public Survey Section:3,Street Number Numeric:901,Tax Legal Description:OCEAN BEACH ADDN NO 3 PB 2-81 W75FT LOTS 7 & 8 BLK 35 LOT SIZE 75.000 X 100 OR 16033-0131 0793 1,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Prime South Beach mixed-use investment with high foot traffic, 4 retail + 6 apartments, and strong income potential,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-02-07,Internet Address Display Y N:1,Number Of Units In Community:10,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,