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.
- Address 901 Pennsylvania Ave
- City Miami Beach
- County Miami-Dade
- Zip 33139
- Price $4,190,000
- Status Active
- Subdivision
- Pets Allowed No
- MLS® # A11740735
- Property Type Commercial Sale
- Property Sub TypeMixed Use
- Status Active
- Square Feet
- Year Built 1948
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes
- Tax Year 2023