1060 Pennsylvania Ave 4, Miami Beach, FL

$159,000

Previous Next

1

Bath

380

Square feet

About 1060 Pennsylvania Ave 4

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

Features of 1060 Pennsylvania Ave 4

MLS® # A11839216
Price $159,000
Bathrooms 1.00
Full Baths 1
Square Footage 380
Acres 0.00
Year Built 1962
Type Residential
Sub-Type Condominium
Style Garden Apartment
Status Active

Community Information

Address 1060 Pennsylvania Ave 4
Area 42
Subdivision PENN ELEVEN CO-OP
City Miami Beach
County Miami-Dade
State FL
Zip Code 33139-4950
HOPA No Hopa

Amenities

Amenities None
Parking On Street
View Garden
Is Waterfront No
Has Pool No

Interior

Interior Laminate
Appliances Gas Range
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No

Exterior

Exterior Features Courtyard
Construction Block

Additional Information

HOA Fees 5783
HOA Fees Freq. Annually

Listing Details

OfficeUnited Realty Group Inc

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?