Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 456 sq ft
- Flooring
- Marble
- Appliances
- Electric Range, Microwave, Other, Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Bedroom On Main Level, Second Floor Entry
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 Monthly
- Annual tax
- $3,893
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
Get Directions1526 Pennsylvania Ave 20, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1938
- Stories
- 2
- Construction
- Block
- Exterior features
- Fence
- View
- Garden
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- On Street
HOA, Community & Financials
- Association fee
- $675 Monthly
- Fee inclusions
- Common Areas, Maintenance Structure
- Amenities
- None
- Security
- Complex Fenced, Smoke Detectors
- Pets allowed
- Dogs Ok, Yes
- Annual tax
- $3,893
- Subdivision
- FIRST ON PENN CONDO
- County
- Miami-Dade
- Days on market
- 157
- MLS listing ID
- A12012167
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$828
- Cap rate
- 0.7%
- Net yield
- 0.7%
- Cash-on-cash return
- -17.8%
- Gross yield
- 8.2%
- Mortgage payment
- $943/mo
- Down payment
- $49,750
- Loan amount
- $149,250
- Annual NOI
- $1,388
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.