PENN PLAZA CONDO
1027 Pennsylvania Ave # 302, Miami Beach FL 33139
2 beds · 2 baths · 790 ft²
2
Bedrooms
2
Bathrooms
790
Sq. Ft.
1925
Year Built
3
Stories
145
Days on Market
Description
Seller is motivated and has repositioned this beautifully renovated 2-bedroom, 2-bath condo in the heart of South Beach to attract immediate interest. Previously listed at $385,000, the new price of $359,000 presents an exceptional opportunity for buyers seeking a turnkey residence or investment in one of Miami Beach’s most desirable neighborhoods. Located at 1027 Pennsylvania Ave #302, this fully renovated residence features modern finishes throughout, including updated flooring, a contemporary kitchen with quartz countertops and new appliances, upgraded lighting, and redesigned bathrooms. The bright layout offers comfortable living spaces and a clean, modern aesthetic ready for immediate occupancy. Situated on a charming tree-lined street in the Flamingo Park neighborhood, the building is moments from the beach, Lincoln Road, Española Way, and Flamingo Park’s tennis courts, pool, and athletic facilities. With the seller strategically reducing the price to generate strong buyer interest and move the property quickly, this is an excellent opportunity for end-users or investors to secure a renovated South Beach property at a compelling value.
Facts
- MLS#
- A11930559
- Subdivision
- PENN PLAZA CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1925
- Lot Size
- 0 sqft
- Sq. Ft.
- 790 ft²
- Sq. Mt.
- 73 m²
- Price per sq. ft.
- $454/ft²
- Price per sq. mt.
- $4,918/m²
- Stories
- 3
- Garage
- —
- Pool
- —
- Days on Market
- 145 days
- Listed
- Dec 14, 2025
- Last Updated
- May 15, 2026
- Price/Lot Sq.Ft.
- —
Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
45
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/10/2026 | Price change | $359,000-10.0% |
| 12/14/2025 | Listed for sale | $399,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Growing Treasures Learning Center #2PK,KG,1,2,3,4,5,6 · private · 0.2 mi
Ben Sheppard Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.2 mi
Snow White & The Seven Dwarfs SchoolPK,KG,1,2,3,4,5,6 · private · 0.3 mi
Jose Marti Mast 6-12 Academy6,7,8,9,10,11,12 · public · 0.4 mi
Mater Palms AcademyKG,1,2,3,4,5,6,7,8 · charter · 0.7 mi
Mater Academy Charter High9,10,11,12 · charter · 0.7 mi
Mater Academy Charter Middle6,7,8 · charter · 0.7 mi
Mater Performing Arts & Entertainment Academy9,10,11,12 · charter · 0.7 mi
Paradise Christian SchoolPK,KG · private · 0.7 mi
Shalom Christian School & Art CenterPK,KG,1,2,3,4,5 · private · 0.7 mi
Estimated Monthly Payment
$2,360/mo
Principal & Interest
$1,911
Property Tax
$299
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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