Penn Terrace Towers 701
Unit 701
1 / 10
Penn Terrace Towers Unit 701 Sold
$278,000
730 Pennsylvania Avenue 701 · Ocean Drive · Miami Beach
730 Pennsylvania Avenue 701, 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139, photo 1 of 10730 Pennsylvania Avenue 701, 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139, photo 2 of 10730 Pennsylvania Avenue 701, 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139, photo 3 of 10730 Pennsylvania Avenue 701, 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139, photo 4 of 10730 Pennsylvania Avenue 701, 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139, photo 5 of 10730 Pennsylvania Avenue 701, 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139, photo 6 of 10730 Pennsylvania Avenue 701, 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139, photo 7 of 10730 Pennsylvania Avenue 701, 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139, photo 8 of 10730 Pennsylvania Avenue 701, 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139, photo 9 of 10730 Pennsylvania Avenue 701, 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139, photo 10 of 10
$278,000Sold Price
$371Per SqFt
1/1Beds/BathsBd/Ba
750SqFt · 69.7 m²
Penn Terrace Towers · MLS A11906849 · 320 days on Zilbert · Listed Nov 2, 2025 · 730 Pennsylvania Avenue 701, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

Property Details

Sold Price$278,000
Last Asking Price$298,000
Price per SqFt$371
Maintenance fee$591 Monthly
Property Taxes$4,638 2024
Interior Space750 SqFt
Beds/Baths1/1
Year Built1970
Closed Date1/28/2026
MLS #A11906849

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$591maintenance · $591 per month
$387taxes · $4,638/yr ÷ 12
$978 / monthassociation + taxes, before mortgage and insurance

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

From the listing

Rarely available Penn Terrace Towers corner unit on top floor, just a short walk to the beach, restaurants, hotels, and shopping. Spacious 1 bed / 1 bath condo with southern exposure, abundant natural light, tiled floors throughout, and a private balcony with east facing views (you can even see some ocean!).Building has completed its 50-year recertification, new roof and exterior paint, no pending special assessments, and fully funded reserves. Amenities include covered gated parking with remote access, guest parking, laundry facility, 24-hour surveillance, and pet-friendly policy.Owner-occupied only (no rentals allowed), providing a quiet, well-maintained community. Excellent opportunity to own in a prime South Beach location near everything.

Listed by A & M Realty LLC

Sales History for This Home · Penn Terrace Towers Unit 701

Sales history is unavailable for this property

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

Listed by A & M Realty LLC. 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.