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$330,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 700 Sq. Ft.
  • Updated 2 days ago
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Turnkey 2-bedroom, 1-bath condo in the heart of Miami Beach - ideal for savvy investors. Currently rented at $2,700/month through March 2027, offering immediate and stable cash flow from day one. Features include a bright, open layout with modern finishes, full appliance package, one assigned parking space, and an open balcony/patio. The building has passed its 40-year certification, with a new roof installed last year and exterior repainting currently in progress, enhancing both curb appeal and long-term value. With 365 lease days allowed per year, this is a streamlined addition to any South Florida investment portfolio. Minutes from the beach, dining, shopping, and entertainment. Cash only.

Full Property Details for 1228 Pennsylvania Ave #7

General

  • Price: $330,000
  • HOA FEE: $560/month
  • Taxes: $3,512 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11989126
  • Updated: 4/1/2026
  • Added to Site: 10 day(s) ago

Interior

  • Interior Features: First Floor Entry
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: Primary Bedroom Ground Level

Additional Information

  • Shared Amenities: Laundry
  • Maint. Includes: Sewer, Trash Removal, Water
  • Security/Safety: Other

Exterior

  • Exterior Features: Other, Open Balcony
  • Deck/Patio: Open Balcony, Patio

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Assigned

Location

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

School Information

  • Middle School: Nautilus
  • High School: Miami Beach

Community

  • Community Name: Penn Condo
  • Association: Yes

Heating & Cooling

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

Structural Information

  • Structure Type: Condo 1-4 Stories, Condo
  • Detached/Attached: Attached
  • Construction: CBS Construction
  • Entry Floor Number: 1
  • Square Feet: 700
  • Living Area: 700 Sq. Ft.
  • Year Built: 1961

Lot Features

  • Property View: Other View
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $471.43
  • Association Fee: $560
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,512
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Legal Description: PENN CONDO UNIT 7 UNDIV 10.31278 % INT IN COMMON ELEMENTS OFF REC 15968-0494 OR 18660-967 0699 1 COC 24311-3117 01 2006 1
  • Restrictions: Ok To Lease
  • Property ID: 02-42-03-175-0070

Listed by PAK Home Realty

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— 1228 Pennsylvania Ave #7 —

  • PAK Home 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 1228 Pennsylvania Ave #7

School District:Dade County School District
NameGradesDistance
Fienberg/Fisher K-8 Center
1420 Washington Avenue, Miami Beach, FL 33139
PK-50.2 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.2 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.1 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 1228 Pennsylvania Ave #7 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Listed
$330,000
37.5%
MLS
9/28/2012
Sold
$240,000
—
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 1228 Pennsylvania Ave #7

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,703
—
$187,204
-5%
2024
$3,703
-1%
$197,057
-12%
2023
$3,739
28%
$223,928
25%
2021
$2,930
-8%
$178,500
4%
2022
$3,171
-1%
$172,252
1%
2021
$3,206
1%
$170,000
-5%
2019
$3,188
-20%
$179,000
-15%
2018
$3,971
-1%
$211,150
—
2017
$4,021
-11%
$211,150
-2%
2016
$4,535
17%
$215,061
10%
2015
$3,874
-2%
$195,510
—
2014
$3,972
5%
$195,510
5%
2013
$3,787
—
$186,200
—
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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NMLS#: 1598647

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1228 Pennsylvania Ave #7, Miami Beach, FL 33139 (MLS# A11989126) is a Condo property with 2 bedrooms and 1 full bathroom. 1228 Pennsylvania Ave #7 is currently listed for $330,000 and was received on March 25, 2026. Want to learn more about 1228 Pennsylvania Ave #7? 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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