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$425,000
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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.
Full Property Details
Full Property Details for 1027 Pennsylvania Ave #201
General
- Price: $425,000
- HOA FEE: $775/month
- Taxes: $4,729 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12066696
- Updated: 8/11/2026
- Added to Site: 64 day(s) ago
Interior
- Interior Features: Walk-In Closet(s)
- Appliances: Dryer, Refrigerator, Self-Cleaning Oven, Washer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: None
- Maint. Includes: Building Exterior, Common Area, Insurance, Landscaping/Lawn Maintenance, Outside Maintenance, Trash Removal, Water
- Security/Safety: Complex Fenced, Other
Exterior
- Exterior Features: Other
Parking
- Parking Features: Other, On Street
Location
- Area: Penn Plaza Condo
- County: Miami-Dade County
- Subdivision: PENN PLAZA CONDO
- Building Name: PENN PLAZA CONDO
School Information
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: Penn Plaza Condo
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Penthouse
- Structure Type: Co-Op 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Frame With Stucco
- Entry Floor Number: 2
- Building Size: 930
- Square Feet: 930
- Living Area: 930 Sq. Ft.
- Year Built: 1925
Lot Features
- Property View: Garden View, Other View
Financial Considerations
- Price Per Sq. Ft.: $456.99
- Association Fee: $775
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,729
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: PENN PLAZA CONDO UNIT 201 UNDIV 7.39% INT IN COMMON ELEMENTS OFF REC 19856-2479 OR 19900-3576 08 2001 1
- Restrictions: Okay To Lease 1st Year, Other Restrictions, Renting Limited
- Property ID: 02-42-03-246-0020
Listed by The Dreamers Miami, LLC.
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Schools
Schools serving 1027 Pennsylvania Ave #201
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.3 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.3 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1027 Pennsylvania Ave #201
Date
Details
Price
Change
Source
8/06/2026
Listed
$425,000
46.55%
MLS
8/16/2024
Sold
$290,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1027 Pennsylvania Ave #201
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,729
-22%
$252,068
-30%
2024
$6,089
13%
$360,097
19%
2023
$5,399
20%
$301,968
30%
2021
$4,499
-5%
$233,000
-7%
2022
$4,728
-19%
$251,640
-16%
2019
$5,814
-4%
$300,000
-6%
2018
$6,040
5%
$320,507
-1%
2017
$5,766
4%
$322,390
22%
2016
$5,566
3%
$264,882
10%
2015
$5,392
17%
$240,802
10%
2014
$4,606
14%
$218,911
10%
2013
$4,047
—
$199,010
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1027 Pennsylvania Ave #201
1027 Pennsylvania Ave #201, Miami Beach, FL 33139 (MLS# A12066696) is a Condo property with 2 bedrooms and 2 full bathrooms. 1027 Pennsylvania Ave #201 is currently listed for $425,000 and was received on August 06, 2026. Want to learn more about 1027 Pennsylvania Ave #201? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

