Penn Plaza, 1027 Pennsylvania Ave #302

Own in Penn Plaza?
2
Beds
2
Baths
790
SqFt
$443
$/SqFt
Sold - Oct 09, 2026
Premium Condo
Built in 1925
$650/mo HOA
Fence
Seller is motivated and has repositioned this beautifully renovated 2-bedroom, 2-bath condo in the heart of South Beach to attract immediate interest. Previously listed at $385,000, the new price of $359,000 presents an exceptional opportunity for buyers seeking a turnkey residence or investment in one of Miami Beach’s most desirable neighborhoods. Located at 1027 Pennsylvania Ave #302, this fully renovated residence features modern finishes throughout, including updated flooring, a contemporary kitchen with quartz countertops and new appliances, upgraded lighting, and redesigned bathrooms. The bright layout offers comfortable living spaces and a clean, modern aesthetic ready for immediate occupancy. Situated on a charming tree-lined street in the Flamingo Park neighborhood, the building is moments from the beach, Lincoln Road, Española Way, and Flamingo Park’s tennis courts, pool, and athletic facilities. With the seller strategically reducing the price to generate strong buyer interest and move the property quickly, this is an excellent opportunity for end-users or investors to secure a renovated South Beach property at a compelling value.
MLS Number: A11930559
On Site: 307 Days
Updated: 5 Days ago
Page Views: 0
See something off? Wrong price, photos, beds, or a status that already changed.

Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Fence
  • View: None
Interior, Heating and Cooling
  • Interior Features: ThirdFloorEntry
  • Equipment / Appliances: ElectricRange, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Marble
  • Year Built: 1925
  • Year Built Description: Effective Year Built
  • Style: None
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Middle School: Nautilus
  • Senior High School: Miami Beach
Other Property Info
  • Garage: No info
  • Listing Date: 2025-12-15T11:24:44.000-00:00
  • Pets Allowed: CatsOk,Yes
Taxes, Fees & More
  • Maintenance Includes: CommonAreas, HotWater, Insurance, MaintenanceStructure, Sewer, Trash, Water
  • Taxes: 4270
  • Security Information: Intercom
  • Parking Description: None
  • Total Floors in Building: 3

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Price History

Current
$350K
High
$399K
Low
$350K
Total Change
-12.3%
$405K$375K$344KDec 25Jan 26Mar 26Mar 26Oct 26
Date
Event
Price
Change
Price Per
10/09/2026
Sold
$350K
0%
$443 ft2
$4,769 m2
03/10/2026
Price Reduced
$350K
-2.51%
$443 ft2
$4,769 m2
03/10/2026
Price Reduced
$359K
-6.75%
$454 ft2
$4,891 m2
01/30/2026
Price Reduced
$385K
-3.51%
$487 ft2
$5,246 m2
12/14/2025
Listed
$399K
 
$505 ft2
$5,437 m2
10/09/2026
$350K
Event
Sold
Change
0%
Price Per
$443 ft2
$4,769 m2
03/10/2026
$350K
Event
Price Reduced
Change
-2.51%
Price Per
$443 ft2
$4,769 m2
03/10/2026
$359K
Event
Price Reduced
Change
-6.75%
Price Per
$454 ft2
$4,891 m2
01/30/2026
$385K
Event
Price Reduced
Change
-3.51%
Price Per
$487 ft2
$5,246 m2
12/14/2025
$399K
Event
Listed
Price Per
$505 ft2
$5,437 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Mario Rodriguez • Rise Realty • Buyer Agency Compensation .

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Community Snapshot
2 – 2 BR
Bedrooms
$329K – $425K
Price Tier
490 - 930
SqFt Range
1925
Year Build
3
Total Floors
30
Total Units

Subdivision Amenities

Bike Storage
Elevators
Laundry
Maintenance
None

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