Back 901 Pennsylvania Ave
Off Market

901 Pennsylvania Ave

Miami Beach FL 33139

Duplex
Last sold for $3,250,000
Jesse SpencerJesse Spencer, last sold this property on 24 August 2026 after 135 days on market.

Overview

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 WashingtonAve visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investmentstrategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capitalimprovements—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 andwalkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world-class destination.

Features

Duplex

Estimated Value

Based on this property and similar duplexes sold in Miami Beach over the last 12 months, the estimated median property value of 901 Pennsylvania Ave is $2.41m.

Median value
$2.41m
Estimated value range
$1.76m - $3.25m
Median days on market
172
Estimated value trend
-17%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Miami Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 901 Pennsylvania Ave

2026
Sold
$3,250,000
24 Aug 2026 by Jesse Spencer, of COMPASS FLORIDA LLC

Happy sellers in Miami Beach

91%
91% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Miami Beach over the last 12 months.

Local market activity for duplexes in Miami Beach

In the last 12 months, 4 duplexes similar to 901 Pennsylvania Ave, have been sold.

This represents a 29% increase in duplexes sales when compared to the previous 12 months.

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