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Active
Condominium
$235,000$515 / sqft

1526 Pennsylvania Ave # 20, Miami Beach FL 33139

1
Bedrooms
1
Bathrooms
456 sqft
Interior
1938
Year built
$675 / mo
HOA
Condominium
Type

About this home

Stylishly updated second-floor 1-bedroom / 1-bath residence ideally situated one block from Lincoln Road and just a short walk to the ocean. This inviting apartment features elegant marble flooring, a spacious primary bedroom with en-suite bath, and a bright, open living area, all within a quiet boutique-style building. The condominium has been fully renovated and offers no pending assessments, making it an excellent opportunity for both investors and end users. A flexible rental policy allows 6-month or annual leases, providing strong income potential. The kitchen offers space to install a washer and a stove with oven for added convenience. Enjoy the best of South Beach living, just steps from Espanola Way, premier dining, shopping, entertainment, and the beach. Showings available by appointment only with at least 24-hour notice. Please text the listing agent.

Features

  • Second Floor Entry
  • Garden View

Estimated loan & HOA

$1,863

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

Principal & interest
$1,188
HOA
$675 / 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
Luxe Properties

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.