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$3,499,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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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
  • Taxes: $59,664 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11998939
  • Updated: 4/10/2026
  • Added to Site: 69 day(s) ago

Rental Information

  • Rent Includes: Sewer, Trash Collection, Water

Interior

  • Interior Features: Stairs
  • Flooring: Concrete, Tile

Location

  • Area: South Beach
  • County: Miami-Dade County
  • Subdivision: South Beach
  • Building Name: South Beach

Community

  • Community Name: South Beach

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Window/Wall

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Attached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Composition Roll
  • Stories/Levels: 2
  • Year Built: 1948

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: RO

Financial Considerations

  • Tax Amount: $59,664
  • Tax Year: 2025
  • Terms: Conventional

Disclosures and Reports

  • Documents Avail.: Deposit - Security, Other Available Information, Rent Rolls, Service Contracts
  • 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

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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
2/02/2026
Listed
$3,499,000
-6.07%
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.

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NMLS#: 1598647

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Listed by Compass Florida, LLC

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Listed by The Jills Zeder Group

901 Pennsylvania Ave, Miami Beach, FL 33139 (MLS# A11998939) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 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 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.

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