Penn Plaza, 1027 Pennsylvania Ave #306

$335K20.9%
$265,000
2
Beds
2
Baths
760
SqFt
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
889 Days
Updated
764 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

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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 SchickmanColdwell Banker Realty • Buyer Agency Compensation .

    Listing Location & Street View
    MapStreet View

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    Scores

    Walk Score®
    Walker's Paradise. Daily errands do not require a car
    98

    100
    Transit Score®
    Good Transit. Many nearby public transportation options
    55

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    76

    100
    Sound Score®
    Very loud
    70

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    37

    100
    Local Score
    Limited local amenities nearby
    3

    100
    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
    Trash

    Miami Beach
    Premium
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