Mixed-Use Property – 7,500 SF in Miami Beach, FL – Prime Investment with High Foot Traffic
Category: Mixed-Use
$4,190,000
Location: Miami Beach, FL
Year Built: 1948
Days on Market: 45
Description:
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 units with Washington Ave visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investment strategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capital improvements—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 and walkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world-class destination.
Prime South Beach mixed-use investment with high foot traffic, 4 retail + 6 apartments, and strong income potential
Listing Code: 1104926186
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