
Property photos —
MIAMI REALTORS® MLS1027 Pennsylvania Avenue 302, Miami Beach, FL 33139
- Beds
- 2
- Baths
- 2
- Sqft
- 790
- Home type
- Condominium
- Year built
- 1925
- Lot size
- —
- Price / sqft
- $454
- HOA
- $650/mo
- Community
- PENN PLAZA CONDO
Property 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.
Listing activity
- Days on market
- 220
- Listed
- Dec 14, 2025
- MLS listing updated
- Sep 18, 2026
- Feed last checked
- 9 minutes ago
Listed by Mario Rodriguez · Rise Realty
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 2
- Bathrooms
- 2
- Bathrooms (decimal)
- 2
- Full bathrooms
- 2
- Half bathrooms
- 0
Rooms & features
- Rooms
- 0
- Flooring
- Marble
- Appliances
- Electric Range, Refrigerator, Washer
Heating & cooling
- Heating
- Central
- Cooling
- Central Air
Property
Parking
- Garage spaces
- 0
- Carport spaces
- 0
- Covered spaces
- 0
Exterior
- Stories
- 3
- Building area
- 790 sqft
- Entry level
- 3
- Fencing
- Fenced
- Waterfront property
- No
Construction
Type & style
- Home type
- Condominium
- Year built
- 1925
- New construction
- No
Materials
- Construction
- Concrete Block - No Stucco
- Property condition
- Updated/Remodeled
Utilities & green energy
Not reported by the listing source.
Community & HOA
Community
- Subdivision
- PENN PLAZA CONDO
- MLS area
- 2420
- Security
- Entry - Phone/Intercom
- Pets allowed
- Cats OK, Yes
- 55+ community
- Yes
Association
- Has association
- Yes
- Association fee
- $650 monthly
- Estimated monthly dues
- $650
- Amenities
- None
- Services included
- Common Areas, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami Beach
- County
- Miami-Dade
- ZIP code
- 33139
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A11930559
- Possession
- Close Of Escrow
- Original list price
- $399,000
- Parcel number
- 0242032460060
- Annual property tax
- $4,270
- Tax year
- 2024
- Tax legal description
- PENN PLAZA CONDO UNIT 302 UNDIV 6.28% INT IN COMMON ELEMENTS OFF REC 19856-2479 OR 21191-2135 032003 6 COC 25620-3699 05 2007 1
Additional MLS details
Reported by the listing source
- Association Amenities
- None
- Association Fee Frequency
- Monthly
- Association Fee Includes
- Common Areas, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
- Association
- Yes
- Bathrooms Total Decimal
- 2
- Bathrooms Total Integer
- 2
- Building Area Total
- 790
- Construction Materials
- Concrete Block - No Stucco
- County Or Parish
- Miami-Dade
- Days On Market
- 220
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
- List Price
- 359000
- Listing Contract Date
- 2025-12-14
- Living Area
- 790
- MLSArea Major
- 2420
- Mls Status
- Active Under Contract
- On Market Date
- 2026-05-15
- Photos Count
- 19
- Postal Code
- 33139
- Price Change Timestamp
- 2026-03-10T18:14:04Z
- Property Sub Type
- Condominium
- Property Type
- Residential
- Rooms Total
- 0
- Security Features
- Entry - Phone/Intercom
- Senior Community
- Yes
- Standard Status
- Active Under Contract
- State Or Province
- FL
- Status Change Timestamp
- 2026-07-22T14:36:47Z
- Stories Total
- 3
- Subdivision Name
- PENN PLAZA CONDO
- Tax Annual Amount
- 4270
- Bathrooms Full
- 2
- Bedrooms Total
- 2
- Waterfront
- No
- Bathrooms Half
- 0
- General Property Information: Senior Community
- Yes
- Financial Information: Estimated Monthly Assoc Recurring Fee
- 650
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Dec 14, 2025 | ListedMIAMI REALTORS® MLS | $399,000$505/sqft |
| Mar 10, 2026 | Price reducedMIAMI REALTORS® MLS | $359,000$454/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2024 | $4,270 | — |
Payment calculator
- Principal & interest
- $1,863
- Property taxes
- $356
- Insurance
- $180
- Association dues
- $650
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
PENN PLAZA CONDOMiami Beach · Miami-Dade County · 33139
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
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Property photos coming from MLS
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