NEW REDUCED PRICE + SELLER CREDITS TOWARD BUYER’S CLOSING COSTS + RESERVES FOR FINANCING! JUST STEPS FROM THE BEACH, THIS PROPERTY IS AN INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! FULLY RENTED 1BD/1BA CONDO IN THE HEART OF SOUTH BEACH, GENERATING $2,000/MONTH WITH A LEASE SECURED THROUGH JANUARY 2026. ENJOY ZERO VACANCY RISK AND IMMEDIATE, GUARANTEED RETURNS. - IT'S A MUST SEE - SITUATED IN ONE OF MIAMI’S MOST IN-DEMAND RENTAL MARKETS, THIS BRIGHT AND SPACIOUS UNIT FEATURES AN OPEN LAYOUT, STAINLESS STEEL APPLIANCES, A WALK-IN CLOSET, AND A GENEROUSLY SIZED KITCHEN.
For sale
Price cut: $3K (5/27)
$254,000
1027 Pennsylvania Ave APT 101, Miami Beach, FL 33139
1beds
580sqft
Est.:
Condominium
Built in 1925
-- sqft lot
$-- Zestimate®
$438/sqft
$487/mo HOA
What's special
Open layoutSteps from the beachBright and spacious unitGenerously sized kitchenStainless steel appliancesWalk-in closet
- 301 days
- on Zillow |
- 454 |
- 25 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 11:41am
Listed by:
Ober Delgado Quiroz 801-687-4467,
United Realty Group Inc,
Daniel Sasse 646-331-1173,
United Realty Group Inc
Source: MIAMI,MLS#: A11643933
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Trash Compactor, Dishwasher, Microwave, Electric Range, Refrigerator
- Laundry: Common Area
Features
- Flooring: Vinyl
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 580
- Total interior livable area: 580 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Entry location: First Floor Entry
- Fencing: Fenced
- Has view: Yes
- View description: Other
Lot
- Features: East Of Us1
Details
- Parcel number: 0242032460010
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 1925
Community & HOA
Community
- Security: Complex Fenced
- Subdivision: Penn Plaza Condo
HOA
- Has HOA: Yes
- Amenities included: Laundry
- HOA fee: $487 monthly
- Application fee: $150
- Pet fee: $0
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $438/sqft
- Tax assessed value: $255,412
- Annual tax amount: $3,408
- Date on market: 8/19/2024
- Listing terms: All Cash,Conventional
- Ownership: Sole Proprietor
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