Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$3,499,000 -$300,000 (-7.9%) Price Reduced

  • For Sale
  • Active
  • Commercial Multi-Family
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 901 Pennsylvania Ave

General

  • Price: $3,499,000
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11956440
  • Updated: 3/16/2026
  • Added to Site: 77 day(s) ago

Business

  • Business Type: Commercial/Residential Income, Residential-Multi-Fa

Rental Information

  • Lease/Rent Term: 1 To 3 Year Lease, 4 To 6 Year Lease, Annual Lease
  • Lease Info: NNN

Interior

  • Flooring: Concrete, Tile

Location

  • County: Miami-Dade County

Community

  • Units Assoc/Comm: 10

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Individual A/C
  • Heating Type: Central Electric

Utilities

  • Sewer: Public Sanitation

Structural Information

  • # Buildings: 1
  • Structure Type: Commercial, Free Standing, Office/Retail
  • Detached/Attached: Detached
  • Roof: Composition Roll
  • Stories/Levels: 2
  • Building Size: 7266
  • Current Bldg. Use: Mixed Use
  • Year Built: 1948

Unit Information

  • Units in Complex: 10

Lot Features

  • Lot Size (Sq. Ft.): 7,500

Financial Considerations

  • Tenant Pays: A/C & Heating Maintenance, Common Area Maintenance, Electricity, Outside Insurance, Other, Real Estate Tax

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: OCEAN BEACH ADDN NO 3 PB 2-81 W75FT LOTS 7 & 8 BLK 35 LOT SIZE 75.000 X 100 OR 16033-0131 0793 1
  • Property ID: 02-42-03-009-0220

Listed by Compass Florida, LLC

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 901 Pennsylvania Ave —

  • Compass Florida, LLC

  • Compass Florida, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 901 Pennsylvania Ave

School District:Dade County School District
NameGradesDistance
Fienberg/Fisher K-8 Center
1420 Washington Avenue, Miami Beach, FL 33139
PK-50.4 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.4 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 901 Pennsylvania Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/16/2026
Price Reduced
$3,499,000
-7.9%
MLS
2/02/2026
Listed
$3,799,000
1.99%
MLS
1/25/2022
Sold
$3,725,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 901 Pennsylvania Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$62,150
—
$3,312,900
—
2024
$62,254
6%
$3,312,900
7%
2023
$58,580
8%
$3,100,000
11%
2021
$54,063
-7%
$2,800,000
-10%
2022
$58,003
11%
$3,100,000
15%
2019
$52,322
3%
$2,700,000
—
2018
$50,771
76%
$2,700,000
29%
2017
$28,904
6%
$2,087,952
94%
2016
$27,147
39%
$1,078,959
10%
2015
$19,589
2%
$980,872
5%
2014
$19,195
11%
$935,702
10%
2013
$17,299
—
$850,639
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 901 Pennsylvania Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Compass Florida, LLC

Similar Properties near 901 Pennsylvania Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

18651 NE 24th Pl, Miami, FL 33180 - Photo 1
$3,400,000

18651 NE 24th Pl  Miami, FL 33180

  • Commercial Multi-Family
  • Active

Just Listed near 901 Pennsylvania Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

7904 West Dr, North Bay Village, FL 33141 - Photo 1 Just Listed
$5,000,000

7904 West Dr  #PENTHOUSE  North Bay Village, FL 33141

  • Condo
  • Active
  • Updated 5 hours ago
  • 1
    Bed
  • 1
    Total Bath
  • 3,710
    Sq. Ft.
7928 East Dr, North Bay Village, FL 33141 - Photo 1 Just Listed
$1,950,000

7928 East Dr  #106  North Bay Village, FL 33141

  • Condo
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,496
    Sq. Ft.
7930 East Dr, North Bay Village, FL 33141 - Photo 1 Just Listed
$659,900

7930 East Dr  #1505  North Bay Village, FL 33141

  • Condo
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,410
    Sq. Ft.
7501 W Adventure Ave, North Bay Village, FL 33141 - Photo 1 Just Listed
$1,650,000

7501 W Adventure Ave  North Bay Village, FL 33141

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,732
    Sq. Ft.

Price Reduced near 901 Pennsylvania Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1460 S Treasure Dr, North Bay Village, FL 33141 - Photo 1
$11,500,000

1460 S Treasure Dr  North Bay Village, FL 33141

  • Single Family
  • Active
  • 6
    Beds
  • 7
    Total Baths
  • 6,816
    Sq. Ft.
Listed by Jonathan Mann (786) 877-6201
7904 West Dr, North Bay Village, FL 33141 - Photo 1 Price Reduced
-$13,000 (-5.91%)
$207,000

7904 West Dr  #102  North Bay Village, FL 33141

  • Condo
  • Active
  • Updated 6 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 588
    Sq. Ft.
7525 W Treasure Dr, North Bay Village, FL 33141 - Photo 1 Price Reduced
-$25,000 (-1.82%)
$1,350,000

7525 W Treasure Dr  North Bay Village, FL 33141

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,663
    Sq. Ft.
1881 79th Street Causeway, North Bay Village, FL 33141 - Photo 1 Price Reduced
-$35,000 (-6.86%)
$475,000

1881 79th Street Causeway  #1404  North Bay Village, FL 33141

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,221
    Sq. Ft.

Recent Sales near 901 Pennsylvania Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

[Address not provided], Miami Beach, FL 33139 - Photo 1 Sold
$4,000,000

[Address not provided]  Miami Beach, FL 33139

  • Apartment
  • Closed
1 Collins Ave, Miami Beach, FL 33139 - Photo 1 Sold
$3,850,000

1 Collins Ave  #605  Miami Beach, FL 33139

  • Condo
  • Closed
  • 3
    Beds
  • 4
    Total Baths
  • 2,042
    Sq. Ft.
500 Alton Rd, Miami Beach, FL 33139 - Photo 1 Sold
$3,900,000

500 Alton Rd  #1803  Miami Beach, FL 33139

  • Condo
  • Closed
  • 3
    Beds
  • 4
    Total Baths
  • 1,991
    Sq. Ft.
500 Alton Rd, Miami Beach, FL 33139 - Photo 1 Sold
$3,735,000

500 Alton Rd  #3905  Miami Beach, FL 33139

  • Condo
  • Closed
  • 3
    Beds
  • 4
    Total Baths
  • 1,969
    Sq. Ft.
Listed by The Jills Zeder Group

901 Pennsylvania Ave, Miami Beach, FL 33139 (MLS# A11956440) is a Commercial Multi-Family property. 901 Pennsylvania Ave is currently listed for $3,499,000 and was received on February 02, 2026. Want to learn more about 901 Pennsylvania Ave? Do you have questions about finding other Commercial Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

Tour this property