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1228 Pennsylvania Avenue 2, Miami Beach, FL 33139
Under Contract
703 Days on Market
1 / 9
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$180,000

1228 Pennsylvania Avenue 2

Miami Beach, FL 33139

PENN CONDO

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

How this price compares

Asking price
$180,000
Price per sq ft
$450
Vs. nearby sales
13% below
Days on market
703

This condo in ZIP 33139 went under contract with an asking price of $180,000, or $450 per square foot. The asking price has come down 20% from its original $225,000. It spent 703 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $517 per square foot, so the asking price was 13% below what comparable homes here actually sold for.

0
Bedrooms
1
Bathrooms
400
Living Sq Ft
1961
Year Built

Estimated monthly payment

$946 /mo

Principal and interest only, based on $36,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $320/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price
$180,000
Days on Site
703 Days
Bedrooms
0
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
400 sqft
Total Sq Ft
400 sqft
Year Built
1961
Property Type
Condo
MLS #
A11653624
Property Tax
$2,559 (2023)
HOA Fees
$320 / Monthly
Subdivision
PENN CONDO
County
Miami Dade
Status
Under Contract

About This Property

Location Location Location. Charming Studio in the Middle of South Beach. walking distance to the Beach and Flamingo Park.

Virtual Tour

General Features

Property Type
Condo
Status
Under Contract
Year Built
1961
Property Condition
Resale
Number of Stories
2
Garage Spaces
0
Parking
On Street
Living Sq Ft
400
Total Sq Ft
400

Interior Features

Appliances
Gas Range / Gas Water Heater
Cooling
Wall Window Units
Heating
Other
Flooring
Tile
Interior Features
Living Dining Room / Separate Shower / Walk In Closets

Exterior Features

Construction
Other
Exterior Features
Balcony / Outdoor Living Area
Patio & Porch
Open / Balcony
View
Other

Community & HOA

HOA Fee
$320 / Monthly
HOA Includes
Sewer / Trash / Water
Association Amenities
Management / None
Security
Key Card Entry / Security Fence / Window Bars
Pets Allowed
Size Limit / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
MLS Area
2320

Schools

Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Homes for Sale
2
Median List Price
$255,000
Median $/Sq Ft
$461
Avg Days on Market
426
View all 2 homes for sale in Penn →
How do I schedule a tour of 1228 Pennsylvania Avenue 2, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 1228 Pennsylvania Avenue 2, 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 1228 Pennsylvania Avenue 2, Miami Beach, FL 33139 still available?
1228 Pennsylvania Avenue 2, Miami Beach, FL 33139 is currently listed as Under Contract, and has been on the market 703 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 1228 Pennsylvania Avenue 2, Miami Beach, FL 33139?
With 20% down ($36,000) on the $180,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1228 Pennsylvania Avenue 2, Miami Beach, FL 33139 is about $946/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 1228 Pennsylvania Avenue 2, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1228 Pennsylvania Avenue 2, 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 1228 Pennsylvania Avenue 2, Miami Beach, FL 33139 have an HOA fee?
Yes: 1228 Pennsylvania Avenue 2, Miami Beach, FL 33139 carries an HOA fee of about $320 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 1228 Pennsylvania Avenue 2, Miami Beach, FL 33139?
1228 Pennsylvania Avenue 2, 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 1228 Pennsylvania Avenue 2, Miami Beach, FL 33139?
Often, yes. The right offer on 1228 Pennsylvania Avenue 2, 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 Collins International Prop.

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 June 23, 2026.

$180,000

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Listed by David Jourdan-Tabac, Collins International Prop.

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