1060 Pennsylvania Ave Unit 4 Miami Beach, FL 33139
Flamingo NeighborhoodEstimated payment $1,409/month
Total Views
28,551
--
Bed
1
Bath
380
Sq Ft
$418
Price per Sq Ft
Highlights
- Garden View
- Closet Cabinetry
- Courtyard
- Furnished
- Cooling System Mounted To A Wall/Window
- Laundry Facilities
About This Home
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
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,114
Year Built
- Built in 1962
HOA Fees
- $482 Monthly HOA Fees
Home Design
- Garden Apartment
- Entry on the 1st floor
- Concrete Block And Stucco Construction
Interior Spaces
- 380 Sq Ft Home
- 2-Story Property
- Furnished
- Garden Views
- Gas Range
Bedrooms and Bathrooms
- Closet Cabinetry
- 1 Full Bathroom
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Courtyard
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 02-42-03-084-0040
Community Details
Overview
- Penn Eleven Condominiums
- Penn Eleven Co Op Subdivision
Amenities
- Laundry Facilities
Pet Policy
- No Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/07/2025 10/07/25 | Price Changed | $159,000 | -3.6% | $418 / Sq Ft | |
| 09/04/2025 09/04/25 | Price Changed | $165,000 | -2.9% | $434 / Sq Ft | |
| 08/19/2025 08/19/25 | Price Changed | $169,999 | -2.9% | $447 / Sq Ft | |
| 07/12/2025 07/12/25 | For Sale | $175,000 | 0.0% | $461 / Sq Ft | |
| 12/20/2024 12/20/24 | Rented | $1,700 | 0.0% | -- | |
| 12/07/2024 12/07/24 | Price Changed | $1,700 | -5.6% | $4 / Sq Ft | |
| 11/26/2024 11/26/24 | Price Changed | $1,800 | -5.3% | $5 / Sq Ft | |
| 11/14/2024 11/14/24 | For Rent | $1,900 | 0.0% | -- | |
| 03/22/2024 03/22/24 | Sold | $155,000 | -6.1% | $408 / Sq Ft | View Prior Sale |
| 02/06/2024 02/06/24 | Price Changed | $165,000 | -5.4% | $434 / Sq Ft | |
| 01/22/2024 01/22/24 | For Sale | $174,500 | +66.2% | $459 / Sq Ft | |
| 07/31/2020 07/31/20 | Sold | $105,000 | -4.5% | $276 / Sq Ft | View Prior Sale |
| 06/30/2020 06/30/20 | Pending | -- | -- | -- | |
| 06/18/2020 06/18/20 | Price Changed | $110,000 | -4.8% | $289 / Sq Ft | |
| 05/22/2020 05/22/20 | For Sale | $115,500 | +15.5% | $304 / Sq Ft | |
| 04/20/2017 04/20/17 | Sold | $100,000 | -9.1% | $263 / Sq Ft | View Prior Sale |
| 03/23/2017 03/23/17 | Pending | -- | -- | -- | |
| 02/16/2017 02/16/17 | Price Changed | $109,999 | -8.3% | $289 / Sq Ft | |
| 12/13/2016 12/13/16 | Price Changed | $119,900 | -14.3% | $316 / Sq Ft | |
| 11/01/2016 11/01/16 | For Sale | $139,900 | -- | $368 / Sq Ft |
Source: MIAMI REALTORS® MLS
About the Listing Agent
Ober Delgado is a bilingual real estate professional serving the Miami–Fort Lauderdale area, specializing in helping sellers, buyers and investors navigate South Florida’s dynamic market.
Ober’s real estate journey began with his own investment success—acquiring his first property after years of experience as a five-star Airbnb Superhost. His expertise in investment properties and income-generating real estate inspired him to obtain his license, allowing him to guide clients in
Ober's Other Listings
Source: MIAMI REALTORS® MLS
MLS Number: A11839216
APN: 02-4203-084-0040
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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