Mixed-Use Building with Ground
For Sale
$3,450,000
Pending
901 Pennsylvania Ave, Miami Beach, FL 33139
MULTI_FAMILY - Miami Beach, FL
Property SizeContact for details
Lot Size0.17 Acres
Days on Market39
Property Features for 901 Pennsylvania Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
32
Standard status
Pending
APN
02-42-03-009-0220
Lot size
0.17 Acres
Taxes and HOA fees
Tax 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
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
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Building Details
Year built
1948
Floors in Building
2
Number of units
10
Flooring type
Concrete, Tile
Roof type
Composition
Listing Agency:
Compass Florida, LLC
(305) 851-2820
Listed By:
Jesse Spencer · License #3282789
(305) 632-7195
Added: Jun 30
Changed: Jul 29
Last Checked: Aug 7 at 10:06AM
MLS# A11956440
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Introducing 901 Penn, a mixed-use corner property on Pennsylvania Ave at 9th St. The building includes six apartments and four ground-floor retail/office units, providing a blend of residential and street-level space. Ground-floor units have Washington Ave visibility.
Located in South Beach within Miami Beach, the property is positioned among hotels, restaurants, shopping, and nightlife.
Recent capital improvements include a new roof in 2023, exterior paint, and updated AC units. The asset is presented as a stabilized, income-generating property.
Located in South Beach within Miami Beach, the property is positioned among hotels, restaurants, shopping, and nightlife.
Recent capital improvements include a new roof in 2023, exterior paint, and updated AC units. The asset is presented as a stabilized, income-generating property.
Key Highlights
- Mixed‑use property with 6 apartments and 4 ground‑floor retail/office units
- 7,500 SF corner lot at Pennsylvania Ave & 9th St with Washington Ave visibility
- New roof installed in 2023; recent capital improvements include exterior paint and AC units
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,811
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Mixed-use corner property with six apartments and four ground-floor retail/office units plus Washington Ave visibility.
Where is this apartment building located?
The property is located at 901 Pennsylvania Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Mixed‑use property with 6 apartments and 4 ground‑floor retail/office units; 7,500 SF corner lot at Pennsylvania Ave & 9th St with Washington Ave visibility; New roof installed in 2023; recent capital improvements include exterior paint and AC units
