$3,499,000

901 Pennsylvania Ave, Miami Beach FL 33139

Income/MultiFamily
Built in 1948
7,500 Square Feet lot
42 days on market

About this property

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 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.

Property Details

Exterior

  • Waterfront: No

Interior

  • Building Area Total: 7266
  • Cooling Type: Central Individual A/C
  • Flooring: Concrete | Tile
  • Heating Type: Central Electric
  • Stories: 2

Location

  • City: Miami Beach
  • County: Miami-Dade County
  • State: FL

Construction

  • New Construction: No
  • Sewer: Public Sanitation

Public Info

  • Lot Size: 7,500 Square Feet
  • Year Built: 1948
  • APN: 02-42-03-009-0220

Price History

4/11/2026 Listed for Sale
Source: Miami REALTORS®
$3,499,000
3/16/2026 Listed for Sale
Source: Miami REALTORS®
$3,499,000
2/20/2026 Listed for Lease
Source: Miami REALTORS®
$1,695
$0/sqft
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.