1027 Pennsylvania Ave # 101, Miami Beach FL 33139 | Miami Beach | 33139 | FL | A11643933

$254,000

Description

NEW REDUCED PRICE + SELLER CREDITS TOWARD BUYER’S CLOSING COSTS + RESERVES FOR FINANCING! JUST STEPS FROM THE BEACH, THIS PROPERTY IS AN INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! FULLY RENTED 1BD/1BA CONDO IN THE HEART OF SOUTH BEACH, GENERATING $2,000/MONTH WITH A LEASE SECURED THROUGH JANUARY 2026. ENJOY ZERO VACANCY RISK AND IMMEDIATE, GUARANTEED RETURNS. – IT’S A MUST SEE –

SITUATED IN ONE OF MIAMI’S MOST IN-DEMAND RENTAL MARKETS, THIS BRIGHT AND SPACIOUS UNIT FEATURES AN OPEN LAYOUT, STAINLESS STEEL APPLIANCES, A WALK-IN CLOSET, AND A GENEROUSLY SIZED KITCHEN.

Address

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Address: Pennsylvania Ave
City: Miami Beach
State/county: Miami-Dade County
Zip/Postal Code: 33139
Area: PENN PLAZA CONDO

Details

Updated on August 2, 2025 at 11:45 pm

Property ID A11643933
Price $254,000
Property Size 580 Square Feet
Bedroom 1
Bathroom 1
Garage 0
Year Built 1925
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle Corner Unit
AssociationAmenities Laundry
AssociationFee 487
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 580
BuildingAreaUnits Square Feet
BuildingName Penn Plaza Condominiums
CarportSpaces 0
CoListAgentDirectPhone 646-331-1173
CoListAgentEmail dsasse@urgfl.com
CoListAgentFullName Daniel Sasse
CoListAgentKey 243ee88e03dbe8a65c0677c991005e22
CoListAgentMlsId 3456286
CoListAgentOfficePhone 954-450-2000
CoListAgentStateLicense 3456286
CoListOfficeKey 4374a93ac5c3b2430c0ac5160def3da6
CoListOfficeMlsId UNGR02
CoListOfficeName United Realty Group Inc
CoListOfficePhone 954-450-2000
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2024-08-19
Cooling Central Air
CoveredSpaces 0
DaysOnMarket 322
EntryLevel 1
Fencing Fenced
Flooring Vinyl
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Common Area
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 801-687-4467
ListAgentEmail oberdelgado.realtor@gmail.com
ListAgentFullName Ober Delgado Quiroz
ListAgentKey c27c42ddbf8f1c3d2e410425df916cda
ListAgentMlsId 3576834
ListAgentOfficePhone 954-450-2000
ListAgentStateLicense 3576834
ListOfficeFax 954-670-1821
ListOfficeKey 4374a93ac5c3b2430c0ac5160def3da6
ListOfficeMlsId UNGR02
ListOfficeName United Realty Group Inc
ListOfficePhone 954-450-2000
ListingAgreement Exclusive Right To Sell
ListingContractDate 2024-08-19
ListingKey dc6c2ac5004a01f394b7b3e2c4c2e15d
ListingTerms All Cash,Conventional
LotSizeSquareFeet 0
MLSAreaMajor Penn Plaza Condo
MajorChangeTimestamp July 28, 2025 at 04:16am
MajorChangeType Back On Market
MlsStatus Active
ModificationTimestamp July 28, 2025 at 04:16am
OnMarketDate 2024-08-19
OriginalEntryTimestamp August 19, 2024 at 06:05pm
OriginalListPrice 265000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
Ownership Sole Proprietor
ParcelNumber 02-42-03-246-0010
ParkingFeatures On Street
PetsAllowed Restrictions Or Possible Restrictions
PhotosChangeTimestamp May 27, 2025 at 04:00pm
PhotosCount 13
PostalCodePlus4 4920
PreviousListPrice 257000
PriceChangeTimestamp May 27, 2025 at 04:26pm
PublicSurveyRange 42
PublicSurveySection 3
PublicSurveyTownship 42
RoomsTotal 0
SecurityFeatures Complex Fenced
ShowingContactType Agent
ShowingInstructions 24 Hour Notice,Appointment Only,Call Listing Agent
SourceSystemKey 399812242
StateOrProvince FL
StatusChangeTimestamp July 28, 2025 at 04:16am
StoriesTotal 3
StreetName Pennsylvania Ave
StreetNumber 1027
StreetNumberNumeric 1027
StructureType Condo 1-4 Stories,Condo
SyndicationRemarks NEW REDUCED PRICE + SELLER CREDITS TOWARD BUYER’S CLOSING COSTS + RESERVES FOR FINANCING! JUST STEPS FROM THE BEACH, THIS PROPERTY IS AN INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! FULLY RENTED 1BD/1BA CONDO IN THE HEART OF SOUTH BEACH, GENERATING $2,000/MONTH WITH A LEASE SECURED THROUGH JANUARY 2026. ENJOY ZERO VACANCY RISK AND IMMEDIATE, GUARANTEED RETURNS. - IT'S A MUST SEE - SITUATED IN ONE OF MIAMI’S MOST IN-DEMAND RENTAL MARKETS, THIS BRIGHT AND SPACIOUS UNIT FEATURES AN OPEN LAYOUT, STAINLESS STEEL APPLIANCES, A WALK-IN CLOSET, AND A GENEROUSLY SIZED KITCHEN.
TaxAnnualAmount 3408
TaxLegalDescription PENN PLAZA CONDO UNIT 101 UNDIV 4.64% INT IN COMMON ELEMENTS OFF REC 19856-2479 OR 19900-3688 08 2001 1
TaxYear 2024
UnitNumber 101
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YearBuiltDetails Resale