South Beach Mixed-Use Investment

901 Pennsylvania Ave, Miami Beach, FL 33139

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For Sale

$3,499,000

Prime investment property with apartments and retail in Miami Beach.

Type:Commercial

Lot size:

0.17 Acres

HighLights

Prime South Beach location on a 7,500 SF corner lot.
Mixed‑use property with six apartments and four ground‑floor retail/office units.
Stabilized, income‑generating asset with strong rental income and scheduled increases.
High‑foot‑traffic area with excellent exposure and walkability (Walk Score: 95).
Recent capital improvements including a new roof (2023), exterior paint, and AC units.
Multiple investment strategies: retail repositioning, owner‑user occupancy, or redevelopment potential.

We can help!

Listing Contact

Jesse Spencer

Learn more

For Sale

$3,499,000

Prime investment property with apartments and retail in Miami Beach.

Type:Commercial

Lot size:

0.17 Acres

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 3:44 pm

Property Features for 901 Pennsylvania Ave

General Information

Standard status: Active
Lot size: 0.17 Acres
Property subtype: Commercial

Building Details

Year Built: 1948

We can help!

Listing Contact

Jesse Spencer

Listing agent Jesse Spencer License #3282789

Listing office Compass Florida LLC

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida LLC

HighLights

Prime South Beach location on a 7,500 SF corner lot.
Mixed‑use property with six apartments and four ground‑floor retail/office units.
Stabilized, income‑generating asset with strong rental income and scheduled increases.
High‑foot‑traffic area with excellent exposure and walkability (Walk Score: 95).
Recent capital improvements including a new roof (2023), exterior paint, and AC units.
Multiple investment strategies: retail repositioning, owner‑user occupancy, or redevelopment potential.

Overview

Located in South Beach, 901 PENN is a mixed-use property situated on a 7,500 square foot corner lot at the intersection of Pennsylvania Avenue and 9th Street. The property features six apartments and four ground-floor retail or office units that benefit from visibility on Washington Avenue. The property is positioned in a high-foot-traffic area, surrounded by hotels, restaurants, shopping, and nightlife, and benefits from exposure and walkability. Recent capital improvements include a new roof installed in 2023, exterior paint, and AC units. The property is located in a walkable area with a walk score of 95, a bikeable area with a bike score of 77, and has good transit with a transit score of 59. This income-generating asset offers investment strategies, including retail repositioning, owner-user occupancy, or redevelopment potential.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

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Local Demand

City: Miami Beach
County: Miami-Dade
State: Florida
Longitude: -80.133678
Latitude: 25.780478

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For sale
Mixed-use properties
FL
Miami Beach
33139
901 Pennsylvania Ave

What type of property is this?

Mixed-use property - Prime investment property with apartments and retail in Miami Beach.

Where is this mixed-use property located?

The property is located at 901 Pennsylvania Ave Miami Beach, FL.

What is the asking price?

The asking price for this property is $3,499,000.

What are key features of this property?

This property features: Prime South Beach location on a 7,500 SF corner lot.; Mixed‑use property with six apartments and four ground‑floor retail/office units.; Stabilized, income‑generating asset with strong rental income and scheduled increases.