$359,000
Miami Beach, FL 33139
MLS# A11930559
Status: Active Under Contract
2 beds | 2 baths | 790 sqft
1 / 19
Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Call Listing Agent
Listing Date: 2025-12-14
Status: Active Under Contract
Original List Price: 399000
List Price: $359,000
Current Price: $359,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 0
Postal Zip: 33139
Subdivision Number: 246
Flood Zone: AE
Country: United States
Street Number: 1027
Street Name: Pennsylvania
Street Suffix: Avenue
Unit Number: 302
State Or Province: FL
Postal Code: 33139
Postal Code +4: 4931
Subdivision Name: PENN PLAZA CONDO
Area: 2420
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
Parcel Number: 0242032460060
General Property Information
Unit Floor #: 3
Adjusted Area Main: 790
Living Area Main: 790
Senior Community YN: Yes
Stories Total: 3
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 790
Year Built: 1925
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 650
Membership Fee Required YN: No
Association YN: 1
Association Fee: 650
Association Fee Frequency: Monthly
Tax Annual Amount: 4270
Tax Year: 2024
Tax 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
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
Association Approval Required: 1
Amenities
None: 1
Association Fee Includes
Common Areas: 1
Hot Water: 1
Insurance: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Sewer: 1
Trash: 1
Water: 1
Entry Information
Entry Level: 3
Flooring
Marble: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Okay To Lease During First Year: 1
Property Condition
Updated/Remodeled: 1
Fencing
Fenced: 1
Possession
Close Of Escrow: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 180
Appliances
Electric Range: 1
Refrigerator: 1
Washer: 1
Construction Materials
Concrete Block - No Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Entry - Phone/Intercom: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
24 Hour Notice: 1
Master Bedroom/Bath
None: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Cats OK: 1
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Price Calculations
Current Price To SqFt: 454.43
Section Details
Parcel Number MLX: 0060
Status Change Information
Major Change Timestamp: 2026-07-22T14:36:47Z
Major Change Type: Status Change
Price Change Timestamp: 2026-03-10T18:14:04Z
Status Change Date: 2026-07-22
Under Contract Type: Active Under Contract
Under Contract Date: 2026-07-22
Originating Details
Originating System Key: 424311112
Originating System ID: M00000151
Property Features
Application Information: Association Approval Required
Association Fee Includes: Common Areas; Hot Water; Insurance; Maintenance Grounds; Maintenance Structure; Sewer; Trash; Water
Flooring: Marble
Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year
Property Condition: Updated/Remodeled
Appliances: Electric Range; Refrigerator; Washer
Construction Materials: Concrete Block - No Stucco
Cooling: Central Air
Association Type: Condominium
Fencing: Fenced
Heating: Central
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: Cats OK
Possession: Close Of Escrow
Restrictions: No Restrictions
Security Features: Entry - Phone/Intercom
Tax Information: City/County
Showing Requirements: 24 Hour Notice
Listing Office: Rise Realty
Last Updated: September - 06 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
