Penn Eleven Co Op Homes for Sale & Real Estate Listings

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Miami Beach, FL · Condo

1050 Pennsylvania Avenue 12-A

$185,000

0 Bed1 Bath380 Sqft

Frequently Asked Questions

How many homes are for sale in Penn Eleven Co Op?

There are 1 active listings for sale in Penn Eleven Co Op right now, and these counts update from the MLS as homes come on the market and go under contract. Prices sit in a narrow band here, so homes in Penn Eleven Co Op tend to compete directly with each other. Ask us to set up a search alert and you will see new Penn Eleven Co Op listings the day they reach the market.

What is the median home price in Penn Eleven Co Op?

The median list price in Penn Eleven Co Op is $185,000, or roughly $487 per square foot. The median is the midpoint of what is currently listed, so about half of Penn Eleven Co Op homes ask more and half ask less, within a broader range of $185,000 to $185,000. Treat it as a gauge of the Penn Eleven Co Op market rather than a valuation for any one home, since price turns on size, condition and location. We can pull recent comparable sales to price a specific home more precisely.

What price range do homes in Penn Eleven Co Op cover?

Homes for sale in Penn Eleven Co Op currently range from about $185,000 at the entry level to $185,000 at the top of the market. That spread reflects the local mix, from smaller condos and townhomes up to larger single-family and luxury homes, with the median list price around $185,000. The spread is tight, which usually points to a consistent housing stock rather than a mix of sizes and eras. Tell us your budget and must-haves and we will send the Penn Eleven Co Op listings that actually fit.

How long do homes take to sell in Penn Eleven Co Op?

Homes in Penn Eleven Co Op are averaging 48 days on market, measured from the day a listing goes live to the day it goes under contract. That is a brisk pace, close to what a balanced South Florida market looks like, so a sharply priced home rarely lingers. Days on market in Penn Eleven Co Op also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.

About Penn Eleven Co Op

Penn Eleven Co Op is a community located in Miami Beach, Miami-Dade County, Florida. Homes here were built starting in 1962. There is 1 home for sale in Penn Eleven Co Op right now, updated from the MLS.

Homes & Architecture

Homes for sale in Penn Eleven Co Op

Living areas are around 380 square feet. The mix here includes condo homes.

Market & Value

Penn Eleven Co Op market and home values

The Penn Eleven Co Op real estate market reads best through the community's own recent activity, not a county-wide average. The median list price in Penn Eleven Co Op is around $185,000, or roughly $487 per square foot. That sits about 69% below the Miami-Dade County median, which shows where Penn Eleven Co Op lands in the local market. Homes here have recently taken about 48 days to go under contract, a useful gauge of how quickly the Penn Eleven Co Op market is moving. For pricing an offer or a listing, comparable sales within Penn Eleven Co Op carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity Realty can pull the active and recently sold homes in Penn Eleven Co Op so you work from real numbers, not an estimate.

Who It Suits

Is Penn Eleven Co Op right for you?

It helps to know who Penn Eleven Co Op tends to suit before you tour. Penn Eleven Co Op suits a range of buyers, from first-time owners to move-up families, who want a home in Miami Beach with the everyday conveniences of the area close by. On price, Penn Eleven Co Op sits toward the more attainable end of the market, which draws first-time buyers, downsizers, and investors. Whether Penn Eleven Co Op is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity Realty can walk you through the tradeoffs before you commit.

Amenities & Lifestyle

Living in Penn Eleven Co Op

Penn Eleven Co Op is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.

Location

Penn Eleven Co Op location

Penn Eleven Co Op is located in Miami Beach, part of Miami-Dade County, Florida. The Miami Beach area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.

Buying in Penn Eleven Co Op

Buying a home in Penn Eleven Co Op

The buying process in Penn Eleven Co Op is the one used across Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Miami Beach means you see new listings in Penn Eleven Co Op the day they reach the market.

Selling in Penn Eleven Co Op

Selling a home in Penn Eleven Co Op

Selling a home in Penn Eleven Co Op starts with pricing it correctly for current conditions. List prices in Penn Eleven Co Op currently center around $185,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Penn Eleven Co Op owners in Miami Beach, so you can see what your property could sell for before you commit to listing.

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