1526 Pennsylvania Ave 20, Miami Beach, FL 33139 — MLS photo

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1526 Pennsylvania Ave 20, Miami Beach, FL 33139

Active · Condominium

$199,000

1526 Pennsylvania Ave 20, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
456 sq ft
$ / sq ft
$436/sq ft
Year built
1938
Lot size
—
HOA fee
$675
Annual tax
—

About this property

Stylishly updated second-floor 1-bedroom / 1-bath residence ideally situated one block from Lincoln Road and just a short walk to the ocean. This inviting apartment features elegant marble flooring, a spacious primary bedroom with en-suite bath, and a bright, open living area, all within a quiet boutique-style building. The condominium has been fully renovated and offers no pending assessments, making it an excellent opportunity for both investors and end users. A flexible rental policy allows 6-month or annual leases, providing strong income potential. The kitchen offers space to install a washer and a stove with oven for added convenience. Enjoy the best of South Beach living, just steps from Espanola Way, premier dining, shopping, entertainment, and the beach. Showings available by appointment only with at least 24-hour notice.

Property location

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1526 Pennsylvania Ave 20, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
456 sq ft

Exterior & Structure

Property type
Condominium
Year built
1938

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$675
County
Miami-Dade
MLS listing ID
A12012167
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$818

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
8.2%
Mortgage payment
$943/mo
Down payment
$49,750
Loan amount
$149,250
Annual NOI
$1,500

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.