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

257,000(-1.17% )
$254,000Price
1Beds
1Baths
580SqFt

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Details

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Status:
Active
Parking: No info
Size: 580 SqFt (54 m2)
Price: $438/SqFt ($4,714/m2)
Type: Condo
Built: 1925
HOA: $487/MO
MLS Number: A11643933
View: Other
On Site: 345 Days
Updated: 3 Days ago
Page Views: 0
New reduced price + seller credits toward buyer’s closing costs + reserves for financing! Just steps from the beach, this property is an investor special – cash flow from day one! Fully rented 1bd/1ba condo in the heart of south beach, generating $2,000/month with a lease secured through january 2026. Enjoy zero vacancy risk and immediate, guaranteed returns. - it's a must see - situated in one of miami’s most in-demand rental markets, this bright and spacious unit features an open layout, stainless steel appliances, a walk-in closet, and a generously sized kitchen.
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Fence
  • View: Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry
  • Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator, TrashCompactor
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Vinyl
  • Year Built: 1925
  • Year Built Description: Resale
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-08-19T14:05:59.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Insurance, Laundry, MaintenanceStructure
    • Taxes: 3408
    • Security Information: ComplexFenced
    • Parking Description: OnStreet
    • Total Floors in Building: 3

    Price History

    05/27/2025

    Date

    Price Reduced

    Event

    $254K

    Price

    -1.17%

    Change Rate

    $438 ft2 / $4,714 m2

    Price Per

    05/02/2025

    Date

    Price Reduced

    Event

    $257K

    Price

    -1.15%

    Change Rate

    $443 ft2 / $4,770 m2

    Price Per

    04/08/2025

    Date

    Price Reduced

    Event

    $260K

    Price

    -0.76%

    Change Rate

    $448 ft2 / $4,825 m2

    Price Per

    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 Comps

    $200/ft²
    $200/ft²
    $400/ft²
    $600/ft²

    Unit #101 – Asking

    $438/ft²

    (+26%) 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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