1027 Pennsylvania Ave #101 Active

Miami Beach,FL 33139

$ 262000

1 Bed

1 Bath

580 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 580 sqft

Price per Sqft $451

Subdivision Penn Plaza Condo

MLS Listing ID A11643933

Bedrooms 1

Full Baths 1

Construction Status Resale

HOA Fees $466/mo

HOA Y/N Yes

Min Days of Lease 180

Leases Per Year 2

Year Built 1925

Annual Tax Amount $3,408

Tax Year 2024

Property Sub-Type Condominium

Property Description

INVESTOR ALERT – TURNKEY INCOME PROPERTY! Start earning immediate cash flow with this fully rented South Beach 1/1 condo, featuring a tenant in place paying $2,000/month on a secured lease through 1/31/2026—no vacancies, no hassle! Located just blocks from the beach in a high-demand rental market, this bright and airy unit boasts an open floor plan, stainless steel appliances, a large walk-in closet, and ample cooking space. With a proven rental history, this is a hands-off, profitable investment in one of Miami's hottest locations.

Location

State FL

County Miami-dade

Community Penn Plaza Condo

Area 42

Interior

Interior Features Bedroom on Main Level,First Floor Entry

Heating Central

Cooling Central Air

Flooring Vinyl

Appliance Dishwasher,Electric Range,Microwave,Refrigerator,Trash Compactor

Laundry Common Area

Exterior

Exterior Feature Fence

Amenities Available Laundry

View Other

Garage No

Private Pool Yes

Building

Structure Type Block

Construction Status Resale

Others

Pets Allowed Conditional,Yes

HOA Fee Include Insurance,Laundry,Maintenance Structure

Senior Community No

Tax ID 02-42-03-246-0010

Ownership Sole Proprietor

Security Features Complex Fenced,Key Card Entry

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Pets Allowed Conditional,Yes

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