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Unit 302
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Penn Plaza Unit 302 Sold

$350,000
1027 Pennsylvania Avenue 302 · Ocean Drive · Miami Beach
Penn Plaza Unit 302 Sold
$350,000
1027 Pennsylvania Avenue 302 · Ocean Drive · Miami Beach
MLS A11930559
1027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 1 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 2 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 3 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 4 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 5 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 6 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 7 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 8 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 9 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 10 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 11 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 12 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 13 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 14 of 151027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 15 of 15
$350,000Sold Price
$443Per SqFt
2/2Beds/BathsBd/Ba
790SqFt · 73.4 m²
Penn Plaza · MLS A11930559 · 174 days on Zilbert · Listed May 15, 2026 · 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139

Property Details

Sold Price$350,000
Last Asking Price$359,000
Price per SqFt$443
Maintenance Fee$650 Monthly
Property Taxes$4,270 2024
Interior Space790 SqFt
Beds/Baths2/2
Year Built1925
Closed Date10/9/2026
MLS #A11930559

Location

Directions

From the listing

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.

Listed by Rise Realty

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$650
Property taxes$356
Per month$1,006

Maintenance $650 a month; taxes $4,270 for 2024. MLS figures, which may not be accurate.

Sales History for This Home · Penn Plaza Unit 302

Sale ⇅Sold Price ⇅Asking Price ⇅Beds/Baths ⇅SqFt ⇅Closed Date ⇅
Mark Zilbert, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale at Penn Plaza. Ask me about this home or the neighborhood.

Listed by Rise Realty. 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.

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.

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