$180,000list price
Price cut$45,000
Studio · 1 ba · 400 sq ft Condo or villa
1228 PENNSYLVANIA AVE #3, MIAMI BEACH, FL 33139
Listing courtesy of Collins International Prop.. MLS# A11653567.On the MLS · Listed Sep 3
$180,000
500 14TH ST #106, MIAMI BEACH, FL 33139
Studio1 bath488 sq ftCondo or villaBuilt 1939
Updated today, November 3, 2026This home against Miami Beach
$369 per sq ft, 47% under the Miami Beach median
70 days on the market
Price cut $10,000 since it was listed at $190,000
$3,107 in property taxes (2025)
Miami Beach today: 1,854 homes for sale, median list price $659,000.
About this home
Excellent opportunity to own a spacious, SELLER CAN PAY CLOSING COSTS, well-laid-out studio in the heart of Miami Beach, minutes from Lincoln Road and walking distance to the ocean. Larger than the typical studio, the functional floor plan features a sleeping area naturally separated from the living/day area, creating two distinct spaces while maintaining an open layout.The residence features original wood floors, a full kitchen with stainless-steel appliances, good natural light and generous interior space. Directly across from an elementary and middle school, the property offers a quiet, convenient and centrally located residential setting. Lincoln Road, restaurants, shopping, entertainment and the beach are easily accessible on foot.Its location, size and practical layout also make it attractive for investors seeking strong long-term rental appeal.PURCHASE OPTIONS:Cash Price: $190,000 OR Lease With Option to Buy: $2,500/month for 24 months + $140,000 balloon payment or mortgage balance at the end of the term.An alternative for buyers who want to secure the property today while allowing time to arrange financing.Ideal as a primary residence, Miami Beach pied-à-terre or investment property.Lincoln Road • Walk to Ocean • Spacious Layout • Original Wood Floors • Separate Sleeping Area • Rental PotentialLease-option terms subject to seller approval and written agreement. Rental use subject to condominium rules and applicable regulations.
Zoned schools
Elementary: Miami Beach Fienberg/Fisher K-8 Center
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi
Distances from the center of MIAMI BEACH.
Listing courtesy of The Keyes Company. MLS# A12078923.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed August 25, 2026.
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