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Active
Condominium
$189,000$420 / sqft

1211 Pennsylvania Ave # B1, Miami Beach FL 33139

1
Bedrooms
1
Bathrooms
450 sqft
Interior
1994
Year built
$623 / mo
HOA
Condominium
Type

About this home

Charming 1 bedroom in the heart of South Beach on Pennsylvania Ave. Located in the gated Beverly Condominium, this true pied-à-terre features original wood floors, great closet space, and a spacious kitchen. The unit needs rehab but has tons of potential. Secure entry system, cute communal courtyard, and a prime location in a classic Art Deco building — perfect for your ideal beach retreat or investment.

Features

  • First Floor Entry
  • Courtyard
  • None

Estimated loan & HOA

$1,579

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$956
HOA
$623 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Higgins Homes Realty Group

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.