South Florida
Closed
Penn Plaza, 1027 Pennsylvania Ave #306, Miami Beach, FL 33139
285,000(-7.02% )
Details
Save
Status:
Sold - Aug 09, 2024
Parking: No info
Size: 760 SqFt (71 m2)
Price: $349/SqFt ($3,753/m2)
Type: Condo
Built: 1925
HOA: $554/MO
MLS Number: A11564616
View: Other
On Site: 519 Days
Updated: 394 Days ago
Page Views: 0
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!
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
Price History
08/09/2024
Date
Sold
Event
$265K
Price
-7.02%
Change Rate
$349 ft2 / $3,753 m2
Price Per
07/14/2024
Date
Price Reduced
Event
$285K
Price
-14.93%
Change Rate
$375 ft2 / $4,037 m2
Price Per
04/06/2024
Date
Listed
Event
$335K
Price
$441 ft2 / $4,745 m2
Price Per
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 .
Instant Comps
$200/ft²
$200/ft²
$400/ft²
$500/ft²
Unit #306 – Asking
$349/ft²
(-8%) from Closed Medium $/ft²
Closed Medium $/ft²
$377/ft²
Community $/Price Range (Closed) $360/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.
THINKING OF SELLING IN Penn Plaza at Miami Beach?
Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.
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