For SaleGood Deal72 days on market

1526 Pennsylvania Ave APT 18

1526 Pennsylvania Ave APT 18, Miami Beach, FL 33139, Miami Beach, FL 33139
$199,900
Estimate®:$189,600

Listing Price

Property image 1
1526 Pennsylvania Ave APT 18, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
72
Tax Assessed
$199k
Estimate®
$190k
Market Rate
Rent Estimate
$1,992/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Fienberg/Fisher K-8 Center

PK-8
0.2 mi away
5

Miami Beach Senior High School

9-12
0.8 mi away
5

Nautilus Middle School

6-8
1.9 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modern interiorminimalist designneutral color paletteopen conceptapartment livingcontemporary furniturenatural textureswell-litfunctional layoutindoor plantbreezy aestheticcoastal influencetiled flooringcompact dining area

Haven AI Verdict

Recommendation
Good
Confidence Score: 7/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.33%
Total ROI
118.2%
Cash Flow
$184/mo
DSCR
1.18
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $184/mo net cash flow with a 7.3% cap rate. Underwriting indicates good fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (7.3%)
  • Strong rental demand in Miami Beach
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-13Listed for sale$199,900$444
2020-09-22Listing removed$1,250$3
2020-08-14Listed for rent$1,250$3
2013-04-03Sold$219,000$487

Tax History

YearProperty TaxTax Assessment
2025$2,968.98$135,867
2024$2,820.68$123,516
2023$2,481.69$112,288
2022$2,339.19$102,080
2021$1,791.8$92,800
2020$1,633.96$84,400
2019$2,724.63$140,600
2018$3,073.27$163,434
2017$3,073.27$185,720
2016$3,536.66$185,720
2015$3,679.54$185,720
2014$722.18$35,545
2013$0$35,545
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
1
Sq Ft
450

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