UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision South Beach
MLS Listing ID A11998939
Style Fourplex
HOA Y/N No
Year Built 1948
Annual Tax Amount $59,664
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
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.
Location
State FL
County Miami-dade
Community South Beach
Area 32
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Concrete, Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Composition
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Others
Tax ID 02-42-03-009-0220
Acceptable Financing Conventional
Listing Terms Conventional
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