SOLD JAN 27, 2025

1027 Pennsylvania Ave Unit 103 Miami Beach, FL 33139

Flamingo Neighborhood
2 Beds
1 Bath
800 Sq Ft
$478/mo HOA Fee

Recently Sold

$360 Per Sq Ft

11% Below List Price

98 Days on Market

Highlights

  • Intercom to Front Desk
  • Main Floor Bedroom
  • Central Heating and Cooling System
  • Wood Flooring
  • Views
  • Combination Dining and Living Room

About This Home

As of January 2025

Sunlit corner 2-bedroom condo on the first floor, boasting an open layout, wood floors, central A/C, and a modern kitchen with a dishwasher and microwave. Perfectly situated in the heart of South Beach, just a short stroll from the beach, Flamingo Park, and vibrant local dining. Penn Plaza, a well-maintained 1925 Art Deco boutique building, offers secure gated entry and convenient on-site laundry. A charming blend of historic character and modern comfort in an unbeatable location. Perfect for investors, with a low HOA fee and rented for $2,450/month.

Last Agent to Sell the Property

Miriam Fink

Compass Florida, LLC. License #3293739

Compass Florida, LLC.

Last Buyer's Agent

Howard Chase

Howard Chase Real Estate, LLC License #3175255

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,057

Year Built

  • Built in 1925

HOA Fees

  • $478 Monthly HOA Fees

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Northeast Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-246-0070

Community Details

Overview

  • 18 Units
  • Low-Rise Condominium
  • Penn Plaza Condo
  • Penn Plaza Condo,Penn Plaza Condo Subdivision

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Secure Lobby
  • Interior Hall

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,057

Year Built

Built in 1925

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: PENN PLAZA CONDO,Penn Plaza Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, First Floor Entry, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 800
  • Possible Use: Investment
  • Stories: 3
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: Other
  • Direction Faces: Northeast
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Penn Plaza Condo
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Intercom In Lobby, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 478
  • Amenities: Laundry, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-246-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5057

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $288,000 0.0% $360 / Sq Ft
01/27/2025 01/27/25 For Rent $2,450 0.0% --
12/05/2024 12/05/24 For Rent $2,450 0.0% --
10/21/2024 10/21/24 For Sale $325,000 0.0% $406 / Sq Ft
06/06/2023 06/06/23 Rented $2,700 0.0% --
05/30/2023 05/30/23 Under Contract -- -- --
04/18/2023 04/18/23 For Rent $2,700 0.0% --
03/16/2022 03/16/22 Sold $325,500 +8.7% $407 / Sq Ft
02/08/2022 02/08/22 For Sale $299,500 -- $374 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,057 $294,386 -- --
2023 $5,057 $267,624 $0 $0
2022 $4,261 $226,800 $0 $0
2021 $4,055 $210,000 $0 $0
2020 $4,066 $210,000 $0 $0
2019 $4,166 $215,000 $0 $0
2018 $4,324 $230,820 $0 $0
2017 $4,128 $208,604 $0 $0
2016 $3,985 $189,640 $0 $0
2015 $3,860 $172,400 $0 $0
2014 $3,298 $156,728 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $214,500 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $288,000 Clear Title
Deed $325,500 Clear Title
Warranty Deed $310,000 Emerald Title Group Inc
Deed $165,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11679560

MIAMI REALTORS® MLS

APN: 02-4203-246-0070