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$315,000 Just Listed
Property Description
Live where South Beach comes alive. This rarely available residence at Penn Terrace Towers is blocks from the beach and surrounded by some of the area's best restaurants hotels and shopping. The building has completed its 50-year recertification and features recent exterior updates including a new roof and fresh paint with solid reserves and no pending special assessments. The pet-friendly community offers 24-hour surveillance a laundry facility and controlled access to a covered private parking garage plus additional guest parking - a true rarity in South Beach. This bright one-bedroom one-bath unit faces east and is filled with natural light. Marble flooring runs throughout and the kitchen features stainless steel appliances. The private balcony provides a comfortable outdoor space with access by elevator or nearby stairs. Owner-occupied only with no leasing permitted the building maintains a quiet and well-cared-for environment. A great opportunity to own a well-located South Beach property in an established community.
Full Property Details
Full Property Details for 730 Pennsylvania Ave #512
General
- Price: $315,000
- HOA FEE: $591/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,274 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11947344
- Updated: 1/16/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Walk-In Closet(s)
- Appliances: Dishwasher, Microwave, Refrigerator
- Flooring: Marble
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Primary Bath Tub
Other Rooms
- Laundry: Washer/Dryer Hook-Up, Common Area
Additional Information
- Shared Amenities: Bike Storage, Laundry, Community Room, Elevator(s), Trash Chute
- Maint. Includes: Building Exterior, Common Area, Elevator, Hot Water, Laundry Facilities, Parking, Sewer, Trash Removal, Water
- Security/Safety: Complex Fenced, Card Entry, Phone Entry, Lobby Secured
- Equipment: Natural Gas
Exterior
- Exterior Features: Exterior Cat Walk, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers
Location
- Area: Penn Terrace Towers Condo
- County: Miami-Dade County
- Subdivision: PENN TERRACE TOWERS CONDO
- Building Name: Penn Terrace Towers Condo
School Information
- Elementary School: South Pointe
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: Penn Terrace Towers Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Entry Floor Number: 5
- Building Size: 725
- Square Feet: 725
- Living Area: 725 Sq. Ft.
- Year Built: 1970
Lot Features
- Property View: Other View
Financial Considerations
- Price Per Sq. Ft.: $434.48
- Association Fee: $1,772
- Assoc Fee Freq.: Quarterly
- Tax Amount: $4,274
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: PENN TERRACE TOWERS CONDO UNIT 512 FIFTH FLOOR UNDIV 1.389% INT IN COMMON ELEMENTS CLERKS FILE 70R-203444 OR 13173-3529 0287 4
- Restrictions: No Leasing, See Broker Remarks
- Property ID: 02-42-03-117-0480
Listed by Beachfront Realty Inc
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Schools
Schools serving 730 Pennsylvania Ave #512
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.4 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.5 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 730 Pennsylvania Ave #512
Date
Details
Price
Change
Source
1/16/2026
Listed
$315,000
5.35%
MLS
12/20/2021
Sold
$299,000
—
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 730 Pennsylvania Ave #512
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,506
7%
$239,812
8%
2023
$4,196
23%
$222,048
21%
2021
$3,417
-10%
$183,511
-9%
2022
$3,793
11%
$201,862
28%
2021
$3,417
-1%
$157,520
-12%
2019
$3,469
1%
$179,000
-2%
2018
$3,440
6%
$182,931
7%
2017
$3,256
-15%
$170,964
-14%
2016
$3,841
-2%
$197,760
—
2015
$3,918
—
$197,760
—
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 730 Pennsylvania Ave #512
730 Pennsylvania Ave #512, Miami Beach, FL 33139 (MLS# A11947344) is a Condo property with 1 bedroom and 1 full bathroom. 730 Pennsylvania Ave #512 is currently listed for $315,000 and was received on January 16, 2026. Want to learn more about 730 Pennsylvania Ave #512? Do you have questions about finding other Condo real estate for sale in Flamingo-Lummus? You can browse all Flamingo-Lummus real estate or contact a Coldwell Banker agent to request more information.
