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Homes for sale in Miami Beach
Condominium · Under contract

1027 Pennsylvania Ave # 302

Miami Beach, FL 33139
$359,000
Beds
2
Baths
2
Sq ft
790
Year built
1925
Price per sq ft
$454

Listing courtesy of Mario Rodriguez, Rise Realty

About this home

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.

Details

Property

Type
Condominium
Building
Condo 1-4 Stories
Year built
1925
Stories
3
Building name
Penn Plaza Condop
Subdivision
PENN PLAZA CONDO
County
Miami-Dade County
Flood zone
AE

Interior

Appliances
Electric Range, Refrigerator, Washer
Flooring
Marble
Cooling
Central Air
Heating
Central
Features
Third Floor Entry

Exterior and parking

Construction
Concrete Block With Brick

Community and fees

Association fee
$650 monthly
Maintenance includes
Building Exterior, Common Area, Hot Water, Insurance, Outside Maintenance, Sewer, Trash Removal, Water
Security
Intercom In Lobby
Pets
Cats OK
Annual taxes
$4,270
Terms
All Cash, Conventional
Minimum lease (days)
180

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 17, 2026.