$330,000
CondominiumActive1228 Pennsylvania Ave # 7, Miami Beach FL 33139
MLS #A11989126About This Property
Turnkey 2-bedroom, 1-bath condo in the heart of Miami Beach — ideal for savvy investors. Currently rented at $2,700/month through March 2027, offering immediate and stable cash flow from day one. Features include a bright, open layout with modern finishes, full appliance package, one assigned parking space, and an open balcony/patio. The building has passed its 40-year certification, with a new roof installed last year and exterior repainting currently in progress, enhancing both curb appeal and long-term value. With 365 lease days allowed per year, this is a streamlined addition to any South Florida investment portfolio. Minutes from the beach, dining, shopping, and entertainment. Cash only.
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About Miami Beach
Miami Beach is a barrier island city defined by its Art Deco Historic District, oceanfront condos, and year-round tourist energy along Ocean Drive, Lincoln Road, and Collins Avenue. The neighborhood ranges from the party-forward South Beach to quieter mid-Beach and North Beach pockets, plus the Faena District's newer luxury development on 32nd-36th streets. The city draws international buyers and second-home owners who want walkable beach living with full urban amenities.
Property Details
Property Type
Condominium
Year Built
1961
Living Area
700 sq ft
Bedrooms
2
Bathrooms
1
Garage
1 Space
Pool
No
Waterfront
No
Cooling
Central Air, Electric
Heating
Central, Electric
Flooring
Vinyl
Construction
CBS Construction
HOA Fee
$560 / Monthly
Annual Taxes
$3,512 (2025)
Days on Market
27
MLS #
A11989126
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Miami Beach
Location
City
Miami Beach
State
FL
ZIP Code
33139
County
Miami-Dade County
Listing provided by Claudia Caporossi at Sync Brokerage Inc. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11989126.