Mixed-Use Property – 7,500 SF in Miami Beach, FL – Prime Investment Opportunity with High Foot Traffic

Category: Mixed-Use

Price:$3,499,000

Location: Miami Beach, FL

Year Built: 1948

Days on Market: 48

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/office 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.

901 PENN is a prime South Beach mixed-use investment with 6 apts and 4 retail/office units, offering strong income, recent upgrades and high traffic.

Listing Code: 1152098589