Basics
Date added Added 3 days ago | Category Mixed Use | Type Commercial Sale | Status Active |
Lot size, sq ft 7500 sq ft | Year built 1948 | LeaseTerm 4 To 6 Year Lease,Annual Lease | ListOfficeName Compass Florida, LLC. |
ListAOR Miami Association of REALTORS® | MLS ID A11740735 |
Description
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Description:
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 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.
Location
- CountyOrParish: Miami-Dade County
Building Details
- Cooling features: Central Individual A/C
- NewConstructionYN: No
- Roof: Composition Roll
- Heating: Central Electric
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11740735
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No