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Condominium
$199,900$444 / sqft
1526 Pennsylvania Ave # 18, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
450 sqft
Interior
1938
Year built
None
HOA
Condominium
Type
About this home
Discover the best of South Beach living in this beautifully renovated 1-bedroom, 1-bath residence, ideally located just a short walk from the beach and the vibrant shops, restaurants, and entertainment of Lincoln Road. Situated in a charming two-story building, this move-in-ready unit features a brand-new kitchen with new appliances, fresh paint throughout, and the convenience of an in-unit washer and dryer. Tasteful updates throughout make it feel like new. Whether you're looking for a primary residence, a vacation getaway, or a second home to enjoy throughout the year, this property offers the perfect combination of comfort, style, and an unbeatable walkable location. Offered at $199,900.
Features
- Interior Hall
- None
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.