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Active - Condominium for sale

1231 Pennsylvania Ave # 8, Miami Beach FL 33139

1 bd|1 bth|675 sqft

Facts & features

Condominium Property type
182 days on Beycome
1965 Year built
$369 Price/Sqft.
1 car garage Parking
$768/mo HOA

Why you’ll love it

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 .

Translating description...

Listings courtesy of The Keyes Company.

Listed by: Soledad Mendoza-Puiggros • 786-389-9414 • The Keyes Company

Co-listed by: The Keyes Company

Source: Miami MLS, MLS#: A12027093 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

Come see by yourself

Affordability

$160,000$335,000
1%20%
0%90%
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Estimated monthly payment

$2,336/mo

  • Mortgage$1,259
  • Property tax$309
  • HOA fee
  • Homeowners insurance
Due at closing$197,955
Down payment held in escrow$49,800
Closing costs$3,735
beycome credit Est.$4,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About 1231 Penn Inc Condo

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$249,000 Listed price

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$4,980 Credit back

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