Penn Plaza 101
Unit 101
1 / 7
Penn Plaza Unit 101 Sold
$205,000
1027 Pennsylvania Avenue 101 · Ocean Drive · Miami Beach
1027 Pennsylvania Avenue 101, 1027 Pennsylvania Avenue 101, Ocean Drive, Miami Beach FL 33139, photo 1 of 71027 Pennsylvania Avenue 101, 1027 Pennsylvania Avenue 101, Ocean Drive, Miami Beach FL 33139, photo 2 of 71027 Pennsylvania Avenue 101, 1027 Pennsylvania Avenue 101, Ocean Drive, Miami Beach FL 33139, photo 3 of 71027 Pennsylvania Avenue 101, 1027 Pennsylvania Avenue 101, Ocean Drive, Miami Beach FL 33139, photo 4 of 71027 Pennsylvania Avenue 101, 1027 Pennsylvania Avenue 101, Ocean Drive, Miami Beach FL 33139, photo 5 of 71027 Pennsylvania Avenue 101, 1027 Pennsylvania Avenue 101, Ocean Drive, Miami Beach FL 33139, photo 6 of 71027 Pennsylvania Avenue 101, 1027 Pennsylvania Avenue 101, Ocean Drive, Miami Beach FL 33139, photo 7 of 7
$205,000Sold Price
$353Per SqFt
1/1Beds/BathsBd/Ba
580SqFt · 53.9 m²
Penn Plaza · MLS A11883567 · 360 days on Zilbert · Listed Sep 23, 2025 · 1027 Pennsylvania Avenue 101, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

Property Details

Sold Price$205,000
Last Asking Price$215,000
Price per SqFt$353
Maintenance fee$487 Monthly
Property Taxes$3,855 2024
Interior Space580 SqFt
Beds/Baths1/1
Year Built1925
Closed Date6/10/2026
MLS #A11883567

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$487maintenance · $487 per month
$321taxes · $3,855/yr ÷ 12
$808 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

From the listing

FURTHER REDUCED - PRICED TO SELL - PRICED BELOW MARKET VALUE. Excellent income-producing opportunity just steps from the ocean. Currently rented for $2,000 per month. Tenant on month-month. You can rent right away! The unit features a spacious bedroom with a large walk-in closet, an open-concept layout, and tons of natural light throughout. Recent updates include a new water heater, newly renovated bathroom, and a recently serviced A/C system. Video tour available upon request. CASH ONLY

Listed by United Realty Group Inc

Sales History for This Home · Penn Plaza Unit 101

Sales history is unavailable for this property

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · I track every sale at Penn Plaza. Ask me about this home or the neighborhood.
+1 (786) 280-0201

Listed by United Realty Group Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.

Location

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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.