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  3. 1060 Pennsylvania Ave 4 Miami Beach, FL - 33139-4950
  • MLS® #: A11839216
  • 1060 Pennsylvania Ave 4
  • Miami Beach, FL 33139-4950
  • $159,000
  • 1 Bath, 380 SqFt
  • Residential

INVESTORS!!! Make at least 10% annual ROI with this cash cow rented at $1,700/month until Dec 2025. Prime South Beach location – updated and fully furnished studio. Building has passed 40-year recertification and owns the land outright. This co-op has invested ~$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. Steady rental income. Cash-only purchase. NO SHORT TERM RENTALS ALLOWED. Rent minimum twice per year. Contact listing agent @oberdel (Ober Delgado) for a showing

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Essential Information

  • MLS® #A11839216
  • Price$159,000
  • CAD Dollar$223,152
  • UK Pound£119,937
  • Euro€136,961
  • HOA Fees5783
  • Bathrooms1.00
  • Full Baths1
  • Square Footage380
  • Year Built1962
  • TypeResidential
  • Sub-TypeCondominium
  • StyleGarden Apartment
  • StatusActive

Community Information

  • Address1060 Pennsylvania Ave 4
  • Area42
  • SubdivisionPENN ELEVEN CO-OP
  • CityMiami Beach
  • CountyMiami-Dade
  • StateFL
  • Zip Code33139-4950

Amenities

  • AmenitiesNone
  • ParkingOn Street
  • ViewGarden
  • Pets AllowedNo,PetRestrictions

Interior

  • InteriorLaminate
  • AppliancesGas Range
  • HeatingWall Furnace
  • CoolingWall/Window Unit(s)

Exterior

  • Exterior FeaturesCourtyard
  • ConstructionBlock
  • Office: United Realty Group Inc

Property Location

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1060 Pennsylvania Ave 4 on www.jupiteroceanfronthomes.us

Offered at the current list price of $159,000, this home for sale at 1060 Pennsylvania Ave 4 features 0 bedrooms and 1 bathrooms. This real estate listing is located in PENN ELEVEN CO-OP of Miami Beach, FL 33139-4950 and is approximately 380 square feet. 1060 Pennsylvania Ave 4 is listed under the MLS ID of A11839216 and has been on the Miami Beach real estate market for 131 days.

Facts About Miami Beach, FL

Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of November 27th, 2025 at 1:31pm CST (date/time).

All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2025 MLS of RAMB.

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