$249,000
1231 Pennsylvania Avenue 8
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
- $249,000
- Price per sq ft
- $369
- Vs. nearby sales
- 55.2% below
- Days on market
- 145
This 1-bedroom condo in ZIP 33139 is listed at $249,000, or $369 per square foot. The asking price has come down 3.9% from its original $259,000. It has been on the market for 145 days. The 4 most recent condo sales in the closings shown below sold at a median of $823 per square foot, so the asking price is 55.2% below what comparable homes here actually sold for.
Estimated monthly payment
$1,309 /mo
Principal and interest only, based on $49,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $768/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $249,000
- Days on Site
- 145 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 675 sqft
- Total Sq Ft
- 675 sqft
- Year Built
- 1965
- Property Type
- Condo
- MLS #
- A12027093
- Property Tax
- $3,712 (2025)
- HOA Fees
- $768 / Monthly
- Subdivision
- 1231 PENN INC CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
0pportunity in the heart of South Beach! Bright and spacious 1 bedroom with den, assigned parking, in-unit washer & dryer, and a full kitchen — a major advantage compared to many South Beach studios with only kitchenettes. Functional layout with flexible den space ideal for a home office or guest area. Just blocks from Lincoln Road, Española Way, Flamingo Park, and only minutes from the beach. Enjoy being surrounded by top restaurants, cafés, shopping, nightlife, and everything that makes Miami Beach living unique. Excellent investor opportunity with tenant in place through June 2027 paying $2000/month, providing immediate rental income . aAsigned parking and in-unit washer .Excellent opportunity .
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1965
- Number of Stories
- 2
- Garage Spaces
- 1
- Living Sq Ft
- 675
- Total Sq Ft
- 675
Interior Features
- Appliances
- Gas Range / Microwave / Refrigerator
- Cooling
- Electric
- Heating
- Other
- Flooring
- Wood
- Interior Features
- Living Dining Room / None
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Patio & Porch
- Open / Balcony
Community & HOA
- HOA Fee
- $768 / Monthly
- HOA Includes
- Sewer / Trash / Water
- Association Amenities
- None / Parking
- Security
- None
- Pets Allowed
- Yes
- Financing Terms
- Cash
- MLS Area
- 2320
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
- Homes for Sale
- 2
- Median List Price
- $209,500
- Median $/Sq Ft
- $306
- Avg Days on Market
- 91
Frequently Asked Questions
- How do I schedule a tour of 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1231 Pennsylvania Avenue 8, 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 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139 still available?
- 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 145 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 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139?
- With 20% down ($49,800) on the $249,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139 is about $1,309/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 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1231 Pennsylvania Avenue 8, 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 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139 carries an HOA fee of about $768 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 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139?
- 1231 Pennsylvania Avenue 8, 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 1231 Pennsylvania Avenue 8, Miami Beach, FL 33139?
- Often, yes. The right offer on 1231 Pennsylvania Avenue 8, 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 Keyes Company
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.
$249,000
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Listed by Soledad Mendoza-Puiggros, The Keyes Company
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Recent Sales
Recently sold homes in ZIP 33139
These are the last 6 recorded closings in ZIP 33139, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,795 per square foot. The most recent closed on October 7, 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$48,500,000
Sold · October 7, 2026
1413 N Venetian Way
7 bed · 7.5 bath · 10,689 sqft · $4,537/sqft
Sold$925,000
Sold · October 6, 2026
2155 Washington Court 504
2 bed · 2 bath · 956 sqft · $968/sqft
Sold$727,000
Sold · October 6, 2026
1500 Bay Road 1528S
2 bed · 2 bath · 1,072 sqft · $678/sqft
$48,000 under the asking price
Sold$950,000
Sold · October 6, 2026
100 Lincoln Road PH12
2 bed · 2 bath · 1,490 sqft · $638/sqft
$49,000 under the asking price
Sold$2,700,000
Sold · October 6, 2026
300 Collins Avenue 3A
2 bed · 2.5 bath · 1,504 sqft · $1,795/sqft
$150,000 under the asking price
Sold$17,200,000
Sold · October 5, 2026
11 E Rivo Alto Drive
4 bed · 5 bath · 5,050 sqft · $3,406/sqft
$300,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
