1228 Pennsylvania Avenue 7, Miami Beach, FL 33139
- Beds
- 2
- Baths
- 1
- Living Area
- 700 SF
- Year Built
- 1961
- $/SF
- $471
- Type
- Condominium
- DOM
- 103
2 bed · 1 bath · 700 sqft · Built 1961
Turnkey 2-bedroom, 1-bath condo in the heart of Miami Beach — ideal for savvy investors. Currently rented at $2,700/month through March 2027, offering immediate and stable cash flow from day one.Features include a bright, open layout with modern finishes, full appliance package, one assigned parking space, and an open balcony/patio.The building has passed its 40-year certification, with a new roof installed last year and exterior repainting currently in progress, enhancing both curb appeal and long-term value.With 365 lease days allowed per year, this is a streamlined addition to any South Florida investment portfolio. Minutes from the beach, dining, shopping, and entertainment. Cash only.
- Property type
- Condominium
- Condition
- Resale
- Year built
- 1961
- Stories
- 2
- Subdivision
- PENN CONDO
- Waterfront
- No
- Private pool
- No
- HOA (monthly)
- $560
- Parcel number
- 0242031750070
- Annual tax
- $3,512
Miami Beach runs from South Beach Art Deco condos to Mid-Beach high-rises and North Beach single-family pockets. The condo market dwarfs the SFH market here — supply dynamics diverge sharply by submarket.
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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 7/6/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.