Miami Beach, FL 33139 1027 Pennsylvania Ave 101
$260,000
15 more
Presented By: This listing is courtesy of United Realty Group Inc;
Beds • 1
Baths • 1
SQFT • 580
Home Details
INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! This is the income-producing asset you’ve been waiting for! Fully rented 1BD/1BA South Beach condo generating $2,000/month with a locked-in lease through January 2026. That’s ZERO vacancy risk and immediate, guaranteed returns. Located just steps from world-famous beaches in one of Miami’s highest-demand rental zones, this light-filled unit features an open layout, stainless steel appliances, walk-in closet, and generous kitchen space—perfect for long-term tenant appeal. With a strong rental history and reliable tenant in place, this is a turnkey investment, no management headaches, and solid ROI. Secure a profitable asset in one of the most iconic markets in the U.S. – South Beach!
Presented By: This listing is courtesy of United Realty Group Inc;
Interior Features for 1027 Pennsylvania Ave 101
Bedrooms
Total Bedrooms1
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesBedroomOnMainLevel, FirstFloorEntry
Laundry FeaturesCommonArea
Total Stories3
Other Rooms
Entry Level1
General for 1027 Pennsylvania Ave 101
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, Microwave, Refrigerator, TrashCompactor
Assoc Fee Paid PerMonthly
Association AmenitiesLaundry
Association Fee IncludesInsurance, Laundry, MaintenanceStructure
Attached Garage No
Carport Spaces0.0
Carport Y/NNo
CityMiami Beach
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2024-09-02
Full Baths1
Garage Spaces0.0
Garage Y/NNo
HOAYes
HOA Fee$466.0
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPENN PLAZA CONDO UNIT 101 UNDIV 4.64% INT IN COMMON ELEMENTS OFF REC 19856-2479 OR 19900-3688 08 2001 1
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area42
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
OwnershipSole Proprietor
Pets AllowedConditional, Yes
PossessionCloseOfEscrow
PostalCityMiami Beach
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
Security FeaturesComplexFenced, KeyCardEntry
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NamePENN PLAZA CONDO
Tax Annual Amount3408.0
Tax Year2024
Total Rooms0
Unit Number101
ViewOther
Virtual TourClick here
Waterfront Y/NNo
Year Built1925
Year Built DetailsResale
Exterior for 1027 Pennsylvania Ave 101
Building Area Total580.0
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesFence
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
Parking FeaturesOnStreet
Private PoolNo
SpaNo
Additional Details
Price History
Yanel Ramos
Realtor
