Video tour
$3,051 Closing Credit¹
#A11561503, Franck Leblond, Listing Office: Landmark Realty Solutions
$262,000 List price
1027 Pennsylvania Ave Unit 101 Miami Beach, FL 33139
$3,111
Closing credit¹
1 bed
1 full
580 sqft
$452 / sqft
Condo
Property details
About 1027 Pennsylvania Ave Unit 101
?? INVESTOR ALERT – TURNKEY INCOME PROPERTY! ?? Immediate cash flow from day one with a tenant already in place paying $2,000/month—no vacancies, no hassle! This South Beach 1-bedroom condo offers a prime investment opportunity with a long-term lease secured until 1/31/2026, ensuring stable rental income. Located just blocks from the ocean in a high-demand rental market, this bright and airy unit features an open floor plan, a large walk-in closet, stainless-steel appliances, and ample cooking space. With a tenant in place for over a year, this property is a proven income generator. Don’t miss out on this rare chance to own a profitable, hands-off rental in one of Miami’s hottest locations!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size580 sqft
Year built1925
ParkingOn Street
MLS #A11643933
ViewOther
Virtual tour
Summary
- MLS Number: A11643933
- MLS Name: SEFMIAMI
- Office Name: United Realty Group Inc
- Office Phone: (954) 450-2000
- Office Email: broker@urgfl.com
- Listing Agent: Ober Delgado Quiroz
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$262,000
1027 Pennsylvania Ave Unit 101
$3,111
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
6
Fienberg/Fisher K-8 Center
Public District PK-5
0.3 mi
•1420 Washington Ave
8
South Pointe Elementary School
Public District PK-5
0.7 mi
•1050 4th St
10
North Beach Elementary School
Public District PK-5
2.3 mi
•4100 Prairie Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $13,504. The most common annual income of people living in Miami Beach, FL is less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
76%
<35k
13%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
87%
Single, No Kids
2%
Single, with Kids
9%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
28%
18-34 yrs old
35%
35-64 yrs old
33%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1027 Pennsylvania Ave Unit 101
This home is located at 1027 Pennsylvania Ave Unit 101 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 580 square foot home was built in 1925. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $262,000.
Miami Beach, FL housing market in February 2025 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 87 sold below. In February 2025 in Miami Beach, FL there were 12% more homes for sale than in January. While the average time on the market in February 2025 was 97 days, the median list price was $669,261.
From Rocket Homes Real Estate and based on county public records data.