Prime South Beach location – updated and fully furnished studio. Building has passed 40-year recertification and owns the land outright. ~$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. Tenant-occupied through December 2025 – steady rental income. Cash-only purchase. Contact listing agent @oberdel (Ober Delgado) for a showing
Listed by Ober Delgado Quiroz
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License #3576834
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United Realty Group Inc
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801-687-4467
Last updated September 04, 2025
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Source: MIAMIRE #A11839216
Listing Facts
TypeCo-op
NeighborhoodFlamingo-Lummus
Bathrooms1
Days on Prevu56
HOA/Maint. Fees$5,783/annual
Taxes$1,114/year
Size380 sqft
Price per sqft$434
Amenities
Pets Allowed
Location
Mortgage Calculator
Listing History
09/04/2025
Price Decreased
$165,000
08/19/2025
Price Decreased
$169,999
07/12/2025
Listed by United Realty Group Inc
$175,000
Property Details for 1060 Pennsylvania Ave 4
Association
Amenities
Pets Allowed: No
Fees
Association Fee: $5,783.00 Annually
Association Fee Includes: Landscaping/Lawn Maintenance, Laundry Facilities, Sewer
Exterior
Construction
Property Attached: Yes
Stories Total: 2
Structure Type: Co-Op 1-4 Stories, Co-Op
Year Built: 1962
Year Built Details: Resale
Architectural Style: Garden Apartment
Building Name: Penn Eleven Condominiums
Construction Materials: CBS Construction
Entry Level: 1
Exterior Features: Courtyard
Features
View: Garden View
Measurements
Building Area Total: 380
Building Area Units: Square Feet
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 02-42-03-084-0040
Tax Annual Amount: $1,114.00
Tax Year: 2024
Interior
Features
Appliances: Gas Range
Interior Features: First Floor Entry, Closet Cabinetry
Measurements
Living Area: 380
Living Area Units: Square Feet
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Other
Location
Subdivision Name: PENN ELEVEN CO-OP
Parking
Parking
Open Parking: Yes
Parking Features: On Street
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Heating: Window/Wall
Has Heating: Yes
Laundry Features: Common Area
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.