ActiveMLS® A12066696

$425,000

1027 Pennsylvania Avenue 201, Miami Beach, FL 33139

Beds: 2
Baths: 2
Sqft: 930

Est. payment$3,587/mo

Home type: Condominium
Year built: 1925
Lot size: —
Price / sqft: $457
HOA: $775/mo
Community: PENN PLAZA CONDO

Property description

Experience elevated South Beach living in this beautifully remodeled 2 bedroom, 2.5 bathrooms residence offering approximately 930 sq. ft. in the heart of Miami Beach. Thoughtfully updated with a fresh, modern feel throughout, this move-in-ready home offers the perfect combination of style, comfort, location, and investment potential.Enjoy the convenience of living just moments from the beach and surrounded by the best of Miami Beach, including renowned dining, shopping, entertainment, nightlife, Flamingo Park, Lincoln Road, and the vibrant South Beach lifestyle.Whether you're searching for a stylish primary residence, a Miami Beach retreat, or an investment property, this residence offers exceptional versatility. Leasing is permitted, providing an attractive opportunity for investors while also making this an ideal home for those looking to enjoy the Miami Beach lifestyle year-round.Completely remodeled, ideally located, and ready for its new owner. A fantastic opportunity to own a beautifully updated residence in one of South Florida's most iconic destinations. Association approval required.

Listing activity

Days on market: 79
Listed: Aug 6, 2026
MLS listing updated: Aug 24, 2026
Feed last checked: 5 minutes ago

Listed by Claudia P Albertario · The Dreamers Miami, LLC.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Walk-In Closet(s)
Flooring: Wood
Appliances: Dryer, Oven, Refrigerator, Washer

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: On Street
Attached garage: No

Exterior

Stories: 3
Building area: 930 sqft
Exterior features: Other
View: Garden, Other
Waterfront property: No

Construction

Type & style

Home type: Condominium
Architectural style: Other
Year built: 1925
New construction: No

Materials

Construction: Frame, Stucco
Property condition: Resale

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: PENN PLAZA CONDO
MLS area: 2420
Security: Security Fence, Other
Pets allowed: Yes
55+ community: Yes

Association

Has association: Yes
Association fee: $775 monthly
Estimated monthly dues: $775
Amenities: None
Services included: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12066696
Possession: Negotiable
Original list price: $425,000
Parcel number: 0242032460020
Annual property tax: $4,729
Tax year: 2025
Tax legal description: PENN PLAZA CONDO UNIT 201 UNDIV 7.39% INT IN COMMON ELEMENTS OFF REC 19856-2479 OR 19900-3576 08 2001 1

Additional MLS details

Reported by the listing source

Association Amenities: None
Association Fee Frequency: Monthly
Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 930
Construction Materials: Frame, Stucco
County Or Parish: Miami-Dade
Days On Market: 79
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
List Price: 425000
Listing Contract Date: 2026-08-06
Living Area: 930
MLSArea Major: 2420
Mls Status: Active
On Market Date: 2026-08-06
Photos Count: 23
Postal Code: 33139
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Security Fence, Other
Senior Community: Yes
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-08-06T04:00:00Z
Stories Total: 3
Subdivision Name: PENN PLAZA CONDO
Tax Annual Amount: 4729
Bathrooms Full: 2
Bedrooms Total: 2
Waterfront: No
Bathrooms Half: 0
General Property Information: Senior Community: Yes
Financial Information: Estimated Monthly Assoc Recurring Fee: 775

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Aug 6, 2026	ListedMIAMI REALTORS® MLS	$425,000$457/sqft

Public tax history

Year	Property taxes	Assessment
2025	$4,729	—

Payment calculator

Estimated monthly payment$3,587/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $2,205
Property taxes: $394
Insurance: $213
Association dues: $775

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

PENN PLAZA CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach Fienberg / Fisher K-8Elementary

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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