$425,000
1027 Pennsylvania Avenue 201
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $425,000
- Price per sq ft
- $457
- Vs. nearby sales
- 16.3% above
- Days on market
- 48
This 2-bedroom condo in Penn Plaza Condo is listed at $425,000, or $457 per square foot. It has been on the market for 48 days. The 6 most recent condo sales in the closings shown below sold at a median of $393 per square foot, so the asking price is 16.3% above what comparable homes here actually sold for.
Estimated monthly payment
$2,234 /mo
Principal and interest only, based on $85,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $775/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $425,000
- Days on Site
- 48 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 930 sqft
- Total Sq Ft
- 930 sqft
- Year Built
- 1925
- Property Type
- Condo
- MLS #
- A12066696
- Property Tax
- $4,729 (2025)
- HOA Fees
- $775 / Monthly
- Subdivision
- PENN PLAZA CONDO
- Development
- PENN PLAZA CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Experience elevated South Beach living in this beautifully remodeled 2 bedroom, 2.5 bathrooms residence offering approximately 930 sq. ft. in the heart of Miami Beach. Thoughtfully updated with a fresh, modern feel throughout, this move-in-ready home offers the perfect combination of style, comfort, location, and investment potential.Enjoy the convenience of living just moments from the beach and surrounded by the best of Miami Beach, including renowned dining, shopping, entertainment, nightlife, Flamingo Park, Lincoln Road, and the vibrant South Beach lifestyle.Whether you're searching for a stylish primary residence, a Miami Beach retreat, or an investment property, this residence offers exceptional versatility. Leasing is permitted, providing an attractive opportunity for investors while also making this an ideal home for those looking to enjoy the Miami Beach lifestyle year-round.Completely remodeled, ideally located, and ready for its new owner. A fantastic opportunity to own a beautifully updated residence in one of South Florida's most iconic destinations. Association approval required.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1925
- Property Condition
- Resale
- Number of Stories
- 3
- Garage Spaces
- 0
- Parking
- On Street
- Living Sq Ft
- 930
- Total Sq Ft
- 930
Interior Features
- Appliances
- Dryer / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Interior Features
- Bedroom On Main Level / Walk In Closets
Exterior Features
- Construction
- Frame / Stucco
- Exterior Features
- Other
- Architectural Style
- Other
- View
- Garden / Other
Community & HOA
- HOA Fee
- $775 / Monthly
- HOA Includes
- Common Areas / Insurance / Maintenance Grounds / Maintenance Structure / Trash / Water
- Association Amenities
- None
- Security
- Other / Security Fence
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- Okay To Lease1st Year / Other Restrictions / Ok To Lease / Rental Restriction
- MLS Area
- 2420
This home's HOA fee works out to $775 a month, 15% above the $671 median across 4 homes for sale in Penn Plaza Condo. See Penn Plaza Condo HOA fees
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
Penn Plaza Condo is a community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $329,000 to $414,000. Homes were built starting 1925. Pure Equity lists homes in Penn Plaza and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Under Contract
- 0
- Median List Price
- $374,000
- Median $/Sq Ft
- $448
- Avg Days on Market
- 146
Frequently Asked Questions
- How do I schedule a tour of 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139 still available?
- 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 48 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139?
- With 20% down ($85,000) on the $425,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139 is about $2,234/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139 carries an HOA fee of about $775 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139?
- 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139?
- Often, yes. The right offer on 1027 Pennsylvania Avenue 201, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Dreamers Miami, LLC.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$425,000
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Listed by Claudia P Albertario, The Dreamers Miami, LLC.
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Recent Sales
Recently sold homes in Penn Plaza Condo
These are the last 6 recorded closings in Penn Plaza Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $433 per square foot. The most recent closed on October 9, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$350,000
Sold · October 9, 2026
1027 Pennsylvania Avenue 302
2 bed · 2 bath · 790 sqft · $443/sqft
$9,000 under the asking price
Sold$205,000
Sold · June 10, 2026
1027 Pennsylvania Avenue 101
1 bed · 1 bath · 580 sqft · $353/sqft
$10,000 under the asking price
Sold$288,000
Sold · June 10, 2026
1027 Pennsylvania Avenue 301
2 bed · 2 bath · 930 sqft · $310/sqft
$11,000 under the asking price
Sold$237,500
Sold · June 1, 2026
1530 Pennsylvania Avenue 203
1 bed · 1 bath · 534 sqft · $445/sqft
$31,500 under the asking price
Sold$237,500
Sold · June 1, 2026
1530 Pennsylvania Avenue 204
1 bed · 1 bath · 548 sqft · $433/sqft
$27,500 under the asking price
Sold$246,500
Sold · March 19, 2026
1027 Pennsylvania Avenue 303
2 bed · 1 bath · 800 sqft · $308/sqft
$41,000 under the asking price
See every recorded sale in Penn Plaza Condo or find out what your Penn Plaza Condo home is worth.
