1060 Pennsylvania Ave #4, Miami Beach, FL 33139
Local realty services provided by:First Service Realty ERA Powered
Listed by: ober delgado quiroz
Office: united realty group inc
MLS#:A11839216
Source:SEFMLS
Price summary
- Price:$159,000
- Price per sq. ft.:$418.42
- Monthly HOA dues:$481.92
About this home
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
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Home facts
- Year built:1962
- Listing ID #:A11839216
- Updated:November 17, 2025 at 10:54 AM
Rooms and interior
- Total bathrooms:1
- Full bathrooms:1
- Living area:380 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1962
- Building area:380 sq. ft.
Finances and disclosures
- Price:$159,000
- Price per sq. ft.:$418.42
- Tax amount:$1,114 (2024)
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