Penn Plaza, 1027 Pennsylvania Ave #306

Own in Penn Plaza?
2
Beds
2
Baths
760
SqFt
$349
$/SqFt
Sold - Aug 09, 2024
Premium Condo
Built in 1925
$554/mo HOA
Fence
Discover the epitome of South Beach living with this remarkable offering! Situated in one of the most coveted locations in Miami's vibrant South Beach, this meticulously priced 2-bedroom 2-bath residence is a rare find. Set within a cool 1925 Art Deco building, it exudes charm and character. Open kitchen plan. Currently housing two tenants who are renting below market value on a month-to-month basis, this property presents an exceptional investment opportunity. Moreover, with rentals permitted in the first year of ownership, the potential for income is immediate. Beyond its investment potential, its prime location ensures a lifestyle second to none. Whether you're seeking a lucrative investment or a stylish urban retreat, this listing ticks all the boxes. seller motivated!
MLS Number: A11564616
On Site: 922 Days
Updated: 796 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,Other
  • View: Other
Interior, Heating and Cooling
  • Interior Features: FirstFloorEntry, Other, WalkInClosets
  • Equipment / Appliances: Dishwasher, Microwave, Other, Refrigerator
  • Heating Description: Other
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile,Wood
  • Year Built: 1925
  • Year Built Description: Resale
  • Style: Other
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-04-09T12:36:37.000-00:00
    • Pets Allowed: Conditional,No
    Taxes, Fees & More
    • Maintenance Includes: CommonAreas, Other, Trash, Water
    • Taxes: 4767
    • Security Information: ComplexFenced, Intercom, KeyCardEntry
    • Parking Description: OnStreet
    • Total Floors in Building: 3

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    Price History

    Current
    $265K
    High
    $335K
    Low
    $265K
    Total Change
    -20.9%
    $343K$300K$257KApr 24Jul 24Aug 24
    Date
    Event
    Price
    Change
    Price Per
    08/09/2024
    Sold
    $265K
    -7.02%
    $349 ft2
    $3,753 m2
    07/14/2024
    Price Reduced
    $285K
    -14.93%
    $375 ft2
    $4,037 m2
    04/06/2024
    Listed
    $335K
     
    $441 ft2
    $4,745 m2
    08/09/2024
    $265K
    Event
    Sold
    Change
    -7.02%
    Price Per
    $349 ft2
    $3,753 m2
    07/14/2024
    $285K
    Event
    Price Reduced
    Change
    -14.93%
    Price Per
    $375 ft2
    $4,037 m2
    04/06/2024
    $335K
    Event
    Listed
    Price Per
    $441 ft2
    $4,745 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Ari Schickman • Coldwell Banker 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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