Tour
$3,076 Closing Credit¹
#A11755408, Christelle Dumontet, Listing Office: Beachfront Realty Inc
$260,000 List price
1027 Pennsylvania Ave Unit 101 Miami Beach, FL 33139
$3,088
Closing credit¹
1 bed
1 full
580 sqft
$448 / sqft
Condo
Property details
About 1027 Pennsylvania Ave Unit 101
INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! This is the income-producing asset you’ve been waiting for! Fully rented 1BD/1BA South Beach condo generating $2,000/month with a locked-in lease through January 2026. That’s ZERO vacancy risk and immediate, guaranteed returns. Located just steps from world-famous beaches in one of Miami’s highest-demand rental zones, this light-filled unit features an open layout, stainless steel appliances, walk-in closet, and generous kitchen space—perfect for long-term tenant appeal. With a strong rental history and reliable tenant in place, this is a turnkey investment, no management headaches, and solid ROI. Secure a profitable asset in one of the most iconic markets in the U.S. – South Beach!
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: 4/12/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$260,000
1027 Pennsylvania Ave Unit 101
$3,088
closing credit¹
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Price information
Property sales
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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. Typical income of Miami Beach, FL residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living 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 $260,000.
In March 2025, from all listings sold in Miami Beach, FL there were more than 3 sold above asking price, over 102 sold below and more than 6 were sold right at the asked price. In March 2025 in Miami Beach, FL there were 13.1% more homes for sale than in February. In March 2025 median list price was $682,619 and the average listing age was 108 days.
From Rocket Homes Real Estate and based on county public records data.