$325,000
Move-in ready, fully furnished, income-producing corner unit with assigned parking in the heart of South Beach! This bright 1-bedroom, 1-bathroom residence is currently rented for $2,200/month on a one-year lease, with average monthly expenses of approximately $950–$1,000, providing an estimated $1,200 net monthly income. A turnkey opportunity for investors, seasonal owners, or full-time residents. Located in a quiet boutique building with only 30 units, this beautifully remodeled condo features impact windows, central A/C, abundant natural light, and ample closet space, including a private office. Enjoy one of Miami Beach's most walkable locations, just 4 blocks from the beach and 2 blocks from Lincoln Road, with restaurants, shopping, museums, parks, and nightlife nearby. The sale includes all furniture, bedding, towels, cookware, dishes, silverware, and small appliances. Additional features include bright corner exposure, assigned parking, on-site laundry with 3 washers and 4 dryers, and high-speed Wi-Fi included in maintenance. The building's 50-year recertification is nearly complete, and all special assessments have been paid in full by the seller. Start earning income from day one or enjoy your new home!
The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.
How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.
Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.
Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.
7.32% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 22, 2026.
Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.
Douglas Elliman
Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.
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$295,000 — 1420 Pennsylvania Ave #403, Miami Beach, FL 33139 — listing details
1 bd · 1 ba · 685 ft²
1420 Pennsylvania Ave #403, Miami Beach, FL 33139
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