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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.
| DAYS ON MARKET | 31 | LAST UPDATED | 3/25/2026 |
|---|---|---|---|
| TRACT | PENN CONDO | YEAR BUILT | 1961 |
| COMMUNITY | 42 | GARAGE SPACES | 1.0 |
| COUNTY | Miami-Dade | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Jr. High School | Nautilus |
|---|---|
| High School | Miami Beach |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Sewer, Trash, Water |
| APPLIANCES | Dishwasher, Dryer, Electric Range, Refrigerator, Washer |
| AREA | 42 |
| CONSTRUCTION | BLOCK |
| EXTERIOR | Balcony |
| GARAGE | Yes |
| HEAT | CENTRAL, Electric |
| HOA DUES | 560 |
| LOT | 0 |
| PARKING | Assigned |
| STORIES | 2 |
| STYLE | Other |
| SUBDIVISION | PENN CONDO |
| TAXES | 3512 |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Sync Brokerage Inc
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
