$3,250,000
Sold · August 24, 2026
901 Pennsylvania Avenue
Miami Beach, FL 33139
South Beach
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $3,250,000
- Vs. list price
- 5.8% under
- Days on market
- 172
- Price per sq ft
- N/A
This multi-family property in ZIP 33139 sold for $3,250,000 on August 24, 2026. That was 5.8% below its final list price of $3,450,000. It first came on the market at $3,499,000, so the price was adjusted before it sold. It spent 172 days on the market.
Listing Snapshot
- Sold Price
- $3,250,000
- Sold On
- August 24, 2026
- Days on Site
- 172 Days
- Bedrooms
- 0
- Total Baths
- 0
- Year Built
- 1948
- Property Type
- Multi-Family
- MLS #
- A11998939
- Property Tax
- $59,664 (2025)
- Subdivision
- South Beach
- County
- Miami Dade
- Status
- Sold
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/office units with WashingtonAve visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investmentstrategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capitalimprovements—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 andwalkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world-class destination.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Sold
- Year Built
- 1948
- Number of Stories
- 2
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Zoning
- RO
Interior Features
- Cooling
- Central Air / Wall Window Units
- Heating
- Central / Separate Meters / Wall Furnace
- Flooring
- Concrete / Tile
Exterior Features
- Construction
- Block
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Conventional
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Area
Browse Miami Beach homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 2,637
- Median List Price
- $659,000
- Median $/Sq Ft
- $688
- Avg Days on Market
- 170
Frequently Asked Questions
- How do I schedule a tour of 901 Pennsylvania Avenue, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 901 Pennsylvania Avenue, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 901 Pennsylvania Avenue, Miami Beach, FL 33139 still available?
- 901 Pennsylvania Avenue, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 172 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 901 Pennsylvania Avenue, Miami Beach, FL 33139?
- With 20% down ($690,000) on the $3,450,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 901 Pennsylvania Avenue, Miami Beach, FL 33139 is about $18,131/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 901 Pennsylvania Avenue, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 901 Pennsylvania Avenue, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 901 Pennsylvania Avenue, Miami Beach, FL 33139?
- 901 Pennsylvania Avenue, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 901 Pennsylvania Avenue, Miami Beach, FL 33139?
- Often, yes. The right offer on 901 Pennsylvania Avenue, Miami Beach, FL 33139 depends on how it's priced against comparable multi-family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$3,250,000
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Listed by Jesse Spencer, Compass Florida, LLC
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Recent Sales
Recently sold homes in ZIP 33139
These are the last 6 recorded closings in ZIP 33139, with the price each home actually sold for rather than what it was listed at. They closed at a median of $875 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$199,000
Sold · October 1, 2026
717 Espanola Way 205
0 bed · 1 bath · 414 sqft · $481/sqft
$18,700 under the asking price
Sold$415,000
Sold · September 30, 2026
401 Ocean Drive 403
1 bed · 1 bath · 659 sqft · $630/sqft
$20,000 under the asking price
Sold$1,135,000
Sold · September 30, 2026
400 S Pointe Drive 1905
2 bed · 2 bath · 1,042 sqft · $1,089/sqft
$115,000 under the asking price
Sold$1,140,000
Sold · September 29, 2026
11 Island Avenue 411
2 bed · 2.5 bath · 1,733 sqft · $658/sqft
$55,000 under the asking price
Sold$600,000
Sold · September 29, 2026
110 Washington Avenue 2310
1 bed · 1 bath · 686 sqft · $875/sqft
$29,900 under the asking price
Sold$2,800,000
Sold · September 29, 2026
455 W Dilido Drive
3 bed · 3 bath · 1,693 sqft · $1,654/sqft
$199,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
