$117,000
SOLD MAR 27, 2025

1358 Pennsylvania Ave Unit 307 Miami Beach, FL 33139

Flamingo Neighborhood
-- Bed
1 Bath
526 Sq Ft
$500/mo HOA Fee

Recently Sold

$222 Per Sq Ft

31% Below List Price

432 Days on Market

Highlights

  • Marble Flooring
  • Eat-In Kitchen
  • Courtyard
  • Garden View
  • Separate Shower in Primary Bathroom
  • 5-minute walk to Flamingo Park

About This Home

As of March 2025

Short sale. Buyer must accept with open permit for flooring in place and some minor city violations. All inspections and due diligence in advance. Studio penthouse, corner unit with eastern exposure. Walk to the beach, Lincoln Road or park. This Art Deco building is in the very heart of South Beach. Property has not been renovated but it was begun. Marble flooring was purchased but not installed. Lender will pay any outstanding condo or city liens. ARV rent estimate apprx. $2500. Short sale processing fee of $4,995 paid by buyer at closing.

Last Agent to Sell the Property

Michael Marks

Keller Williams Eagle Realty License #3014133

Keller Williams Eagle Realty

Last Buyer's Agent

mitchell meyer

Keller Williams Eagle Realty License #3591448

Keller Williams Eagle Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1925

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 526 Sq Ft Home
  • 3-Story Property
  • Marble Flooring
  • Garden Views
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Courtyard
  • Fenced
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-196-0230

Community Details

Overview

  • 23 Units
  • Low-Rise Condominium
  • Sage On Penn Condo
  • Sage On Penn Condo,Sage On Penn Condo Subdivision

Pet Policy

  • Dogs Allowed

Building Details

Additional Features

  • Secure Lobby
  • Phone Entry

Property Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SAGE ON PENN CONDO,Sage on Penn Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 4108

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 526
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: None
  • Dining Room Features: Eat-In Kitchen
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: East Of Us1, Courtyard
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Sage on Penn Condo
  • Parking Features: Other, Space Purchased

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Phone Entry, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 500
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-196-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 500
  • Number Of Units In Community: 23
  • Number Of Units Total: 23

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3023

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
03/27/2025 03/27/25 Sold $117,000 0.0% $222 / Sq Ft
12/13/2024 12/13/24 Price Changed $117,000 -2.5% $222 / Sq Ft
12/10/2024 12/10/24 Price Changed $120,000 -7.7% $228 / Sq Ft
11/22/2024 11/22/24 Price Changed $130,000 -7.1% $247 / Sq Ft
11/18/2024 11/18/24 Price Changed $140,000 -6.7% $266 / Sq Ft
11/12/2024 11/12/24 Price Changed $150,000 -6.3% $285 / Sq Ft
11/06/2024 11/06/24 Price Changed $160,000 -5.9% $304 / Sq Ft
03/08/2024 03/08/24 For Sale $170,000 +45.3% $323 / Sq Ft
02/26/2024 02/26/24 Off Market $117,000 -- --
01/30/2024 01/30/24 Price Changed $170,000 -5.6% $323 / Sq Ft
01/19/2024 01/19/24 For Sale $180,000 -- $342 / 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 $3,023 $169,400 -- --
2023 $3,023 $154,000 $0 $0
2022 $2,631 $140,000 $0 $0
2021 $2,682 $138,900 $0 $0
2020 $2,830 $146,200 $0 $0
2019 $2,937 $168,100 $0 $0
2018 $2,533 $144,884 $0 $0
2017 $2,491 $117,274 $0 $0
2016 $2,504 $106,613 $0 $0
2015 $2,289 $96,921 $0 $0
2014 $1,790 $88,110 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $235,462 Unknown
Closed $238,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $297,500 Attorney
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11517601

MIAMI REALTORS® MLS

APN: 02-3234-196-0230