South Florida Real Estate

GardenApartment

1060 Pennsylvania Ave 4

Miami Beach , FL 33139

MLS#: A11839216

$159,000

Status: Active
Listing number: A11839216
Listing provided by: United Realty Group Inc
Listing agent phone: None
Last update: 3 days ago
On site: 2 months ago
Browse Properties
PENN ELEVEN CO-OP - Residential

Property

Beds

None

Full Baths

1

1/2 Baths

None

Year Built

1962

Sq.Footage

380

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 & Amenities

Interior

  • Other Interior Features

    Master Downstairs

  • Total Bedrooms

    N/A

  • Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    No

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Courtyard

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Garden

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    GardenApartment

Price

  • Sales Price

    $159,000

  • Tax Amount

    1114.0

  • Sq. Footage

    380

  • Price/SqFt

    $418

HOA

  • Association

    YES

  • Association Fee

    $5,783

  • Association Fee Frequency

    Annually

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Association Amenities

    None, Laundry

  • Senior Community YN

    NO

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Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Ober Delgado Quiroz , United Realty Group Inc

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Agent JarrodGaylis

Realtor

JarrodGaylis

Call Jarrod today to schedule a private showing.

(817) 682-7464

jgaylis@perfectpropertiesfl.com


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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

1060 Pennsylvania Ave 4

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