1027 Pennsylvania Ave #101

1027 Pennsylvania Ave #101 Miami Beach 33139
1 bedrooms | 1 bathroom | 0 half bath | 580 sqft

$260,000

Property Details

MLS #
A11643933
Unit #
101
Address
1027 PENNSYLVANIA AVE #101  map  
Bedrooms
1
Bathrooms
1
Living Area (f2)
580
Living Area (M2)
54
Year Built
1925
Waterfront
Status
Active
Listing Type
Condo/Townhome
Maintenance Fee
$466
Complex
Penn Plaza Condominiums
Days On Market
242
Pool
Pets Allowed
N/A
Parking Spaces
0

Magic City Realtors

Broker
Magic City Realtors

 305-570-4898 

Inquire About this Property

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Property Description

INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! This is the income-producing asset you’ve been waiting for! Fully rented 1BD/1BA South Beach condo generating $2,000/month with a locked-in lease through January 2026. That’s ZERO vacancy risk and immediate, guaranteed returns. Located just steps from world-famous beaches in one of Miami’s highest-demand rental zones, this light-filled unit features an open layout, stainless steel appliances, walk-in closet, and generous kitchen space—perfect for long-term tenant appeal. With a strong rental history and reliable tenant in place, this is a turnkey investment, no management headaches, and solid ROI. Secure a profitable asset in one of the most iconic markets in the U.S. – South Beach!

Property Amenities

Equipment

  • Trash Compactor
  • Dishwasher
  • Microwave
  • Electric Range
  • Refrigerator

Interior Features

  • First Floor Entry

Exterior Features

  • East Of Us1

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432 TILFORD T #432 432 $90,000 1/1
642 Michigan Ave #14 14 $149,000 0/1
851 Meridian Ave #42 42 $170,000 0/1
544 Michigan Ave #9 9 $175,000 0/1
763 Pennsylvania Ave #101 101 $175,000 0/1
0 #8 8 $180,000 0/1
900 Jefferson Ave #2 2 $185,000 0/1
1228 Pennsylvania Ave #3 3 $185,000 0/1
1228 Pennsylvania Ave #2 2 $185,000 0/1
763 Pennsylvania Ave #116 116 $189,000 0/1
936 Pennsylvania Ave #205 205 $195,000 0/1
631 Jefferson Ave #302 302 $200,000 0/1
900 Euclid Ave #6 6 $200,000 0/1
763 Pennsylvania Ave #120 120 $200,000 0/1
2318 S Cypress Bend Dr #125 125 $205,000 10.81% 2/2

Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
102 04/09/2025 $320,000 $389,900 2 1
442 04/01/2025 $234,000 $238,000 0 1
406 03/31/2025 $252,500 $271,000 1 1
303 03/21/2025 $602,500 $599,000 1 1
8 03/19/2025 $240,000 $249,000 1 1
6 03/14/2025 $115,000 $145,000 0 1
1207 03/13/2025 $3,500,000 $3,800,000 2 2
4 02/13/2025 $328,000 $380,000 2 1
2J 02/07/2025 $335,000 $355,000 1 1
18 01/10/2025 $139,000 $150,000 0 1
3 01/10/2025 $405,000 $439,000 1 1
1119 12/27/2024 $360,000 $399,000 0 1
1032 12/17/2024 $1,150,000 $1,300,000 2 2
924 12/12/2024 $260,000 $265,000 0 1
TH2 12/12/2024 $1,600,000 $1,699,000 3 3
304 12/09/2024 $520,000 $539,000 1 1
2006 12/06/2024 $1,600,000 $1,675,000 2 2
2D 12/05/2024 $345,000 $369,000 1 1
824 12/02/2024 $260,000 $275,000 0 1
306 11/27/2024 $300,000 $329,000 2 2

http://www.magiccityrealtors.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by United Realty Group Inc