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$159,000
103 Days On Site

1060 Pennsylvania Ave 4
Miami Beach, FL 33139

For Sale|Condominium|Active
0
Beds
1
Total Bath
1
Full Bath
380
SqFt
$418
/SqFt
1962
Built
Subdivision:
PENN ELEVEN CO-OP
County:
Miami-Dade

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1060 Pennsylvania Ave 41060 Pennsylvania Ave 41060 Pennsylvania Ave 41060 Pennsylvania Ave 4
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INVESTORS!!! Make almost 13% annual ROI with this cash cow rented at $1,700 / month. Prime South Beach location – updated and fully furnished studio. Building has passed 40-year recertification and owns the land outright. ~$700K in capital improvements completed in the last 5 years (electrical, structural, roof). No special assessments. Low HOA paid yearly. Well-managed, extremely quiet, and safe building. Unit features two entrances, including a private street entrance. Tenant-occupied through December 2025 – steady rental income. Cash-only purchase. NO short term rentals. Rent minimum twice per year. Contact listing agent @oberdel (Ober Delgado) for a showing

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Listing Snapshot
Price 
$159,000
Days On Site 
103 Days
Bedrooms 
N/A
Inside Area (SqFt) 
380 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1962
MLS® Number 
A11839216
Status 
Active
Property Tax 
$1,114
HOA/Condo/Coop Fees 
$481.92 monthly
Sq Ft Source 
N/A
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What's This?
Private
Recent Activity
2 weeks agoPrice changed to $159,000
2 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Disclosures 
None
Number Of Stories 
2
Parking 
On Street
Pets 
No
Property Sub Type 
Condominium
Security 
Other
SqFt Total 
380
Style 
GardenApartment
Interior Features
Appliances 
Gas Range
Cooling 
Wall/Window Unit(s)
Flooring 
Laminate
Furnished 
Furnished
Heating 
Wall Furnace
Interior 
Master Downstairs
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Exterior Features
Construction Details 
Block
Exterior 
Courtyard
View 
Garden
Waterview 
Garden
Community Features
Association Amenities 
NoneLaundry
Association Dues 
5783
Building Access 
1
Financing Terms Available 
Cash
HOA Fee Frequency 
Annually
MLS Area 
42
Listing courtesy of United Realty Group Inc

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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