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$359,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 790 Sq. Ft.
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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.

Full Property Details for 1027 Pennsylvania Ave #302

General

  • Price: $359,000
  • HOA FEE: $650/month
  • Taxes: $4,270 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11930559
  • Updated: 3/10/2026
  • Added to Site: 125 day(s) ago

Interior

  • Interior Features: Third Floor Entry
  • Appliances: Electric Range, Refrigerator, Washer
  • Flooring: Marble

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: None

Additional Information

  • Shared Amenities: None
  • Maint. Includes: Building Exterior, Common Area, Hot Water, Insurance, Outside Maintenance, Sewer, Trash Removal, Water
  • Security/Safety: Intercom In Lobby

Exterior

  • Exterior Features: None

Parking

  • Parking Features: None

Location

  • Area: Penn Plaza Condo
  • County: Miami-Dade County
  • Subdivision: PENN PLAZA CONDO
  • Building Name: Penn Plaza Condop

School Information

  • Middle School: Nautilus
  • High School: Miami Beach

Community

  • Community Name: Penn Plaza Condo
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • Structure Type: Condo 1-4 Stories, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block With Brick
  • Entry Floor Number: 3
  • Building Size: 790
  • Square Feet: 790
  • Living Area: 790 Sq. Ft.
  • Year Built: 1925
  • Property Condition: Completely Renovated

Lot Features

  • Property View: None
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $454.43
  • Association Fee: $650
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,270
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: PENN PLAZA CONDO UNIT 302 UNDIV 6.28% INT IN COMMON ELEMENTS OFF REC 19856-2479 OR 21191-2135 032003 6 COC 25620-3699 05 2007 1
  • Restrictions: No Restrictions, Ok To Lease, Okay To Lease 1st Year
  • Property ID: 02-42-03-246-0060

Listed by Rise Realty

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— 1027 Pennsylvania Ave #302 —

  • Rise Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1027 Pennsylvania Ave #302

School District:Dade County School District
NameGradesDistance
Fienberg/Fisher K-8 Center
1420 Washington Avenue, Miami Beach, FL 33139
PK-50.3 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.3 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.2 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 #302 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/10/2026
Price Reduced
$359,000
-6.75%
MLS
1/30/2026
Price Reduced
$385,000
-3.51%
MLS
12/14/2025
Listed
$399,000
50.57%
MLS
8/09/2024
Sold
$265,000
—
Public Record
Get Price Alerts and Save Property
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 for 1027 Pennsylvania Ave #302

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,270
-24%
$227,593
-28%
2024
$5,641
13%
$316,102
19%
2023
$5,009
19%
$265,075
18%
2022
$4,221
5%
$224,640
8%
2021
$4,016
-2%
$208,000
-2%
2019
$4,108
-4%
$212,000
-7%
2018
$4,291
-1%
$228,200
—
2017
$4,346
-2%
$228,200
—
2016
$4,433
14%
$228,200
29%
2015
$3,896
15%
$176,995
10%
2014
$3,386
14%
$160,905
10%
2013
$2,975
—
$146,278
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Rise Realty

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1027 Pennsylvania Ave #302, Miami Beach, FL 33139 (MLS# A11930559) is a Condo property with 2 bedrooms and 2 full bathrooms. 1027 Pennsylvania Ave #302 is currently listed for $359,000 and was received on December 14, 2025. Want to learn more about 1027 Pennsylvania Ave #302? 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.

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