Under contractVirtual tour

$4,190,000

0.17 acresBuilt 1948

901 Pennsylvania AveMiami Beach, FL 33139

Mixed-use property (from the listing description) · MLS 11430553 · Listed 635 days ago (Feb 7, 2025)

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Under contract: The seller has accepted an offer with conditions. Some sellers still accept backup offers.

Other listings at this address

Separate MyStateMLS listings with exactly the same street address. Each is its own offer with its own listing representative; spaces are not assumed to be contiguous or combinable.

ListingOfferSizePrice or rateListed by
This listing (viewing)For sale0.17 acres$4,190,000Compass Florida, LLC
Unit CU-1For sale0.17 acresPrice not statedCompass Florida, LLC
Unit CU-2For sale0.17 acresPrice not statedCompass Florida, LLC

About this property

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.

Description provided by the listing brokerage.

Key facts

Asking price
$4,190,000
Status
Under contract
Property type
Mixed useFrom the listing description
Land area
0.17 acresSource field LotSizeSquareFeet
Year built
1948
MLS number
11430553

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$4,190,000

Building and site

Stories
2
County
Miami-Dade County

Reported features

  • Corner location (from the description)“…each investment on a 7,500 sf corner lot at pennsylvania ave & 9th st.…”

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Tile

Heating

  • Electric

Sewer

  • Other

Virtual tours and video

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Miami Beach or mixed-use property in Miami Beach.

Why this listing is on Commercial Only

  • Property type as the listing describes it. (description: "…lot at pennsylvania ave & 9th st. this mixed-use property features six (6) apartments & four (4)…")
  • MLS property class detail. (PropertyTypeDetail: commercial)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Guides

    Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.

    Listing last modified at the source Jul 16, 2025, 11:51 AM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 6:30 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.