Penn Plaza, 1027 Pennsylvania Ave #101, Miami Beach, FL 33139

265,000(-1.13% )
$262,000Price
1Beds
1Baths
580SqFt

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Details

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Status:
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Parking: No info
Size: 580 ft2 / 54 m2
Price: $452 ft2 / $4,862 m2
Built: 1925
HOA: $466/MO
MLS Number: A11643933
View: Other
On Site: 231 Days
Updated: 5 Days ago
Page Views: 0
Investor alert – turnkey income property! Start earning immediate cash flow with this fully rented south beach 1/1 condo, featuring a tenant in place paying $2,000/month on a secured lease through 1/31/2026—no vacancies, no hassle! Located just blocks from the beach in a high-demand rental market, this bright and airy unit boasts an open floor plan, stainless steel appliances, a large walk-in closet, and ample cooking space. With a proven rental history, this is a hands-off, profitable investment in one of miami’s hottest locations.

Features

Bedrooms
Bedrooms: 1
Bathrooms
Bathrooms: 1
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Fence
View: Other

Price History

03/07/2025

Date

Price Reduced

Event

$262K

Price

-1.13%

Change Rate

$452 ft2 / $4,862 m2

Price Per

08/19/2024

Date

Listed

Event

$265K

Price

$457 ft2 / $4,918 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Ober Delgado QuirozUnited Realty Group Inc • Buyer Agency Compensation .

Instant Comparative Market Analysis

$200/ft²
$200/ft²
$400/ft²
$600/ft²

Unit #101 – Asking

$452/ft²

(+30%) from Closed Medium $/ft²

Closed Medium $/ft²

$349/ft²
Community $/Price Range (Closed) $312/ft² – $395/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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