Penn Plaza 302
Unit 302
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Penn Plaza Unit 302 Under Contract
$359,000
1027 Pennsylvania Avenue 302 · Ocean Drive · Miami Beach
1027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 1 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 2 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 3 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 4 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 5 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 6 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 7 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 8 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 9 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 10 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 11 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 12 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 13 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 14 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 15 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 16 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 17 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 18 of 191027 Pennsylvania Avenue 302, 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139, photo 19 of 19
$359,000Asking Price
$454Per SqFt
2/2Beds/BathsBd/Ba
790SqFt · 73.4 m²
Penn Plaza · MLS A11930559 · 127 days on Zilbert · Listed May 15, 2026 · 1027 Pennsylvania Avenue 302, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

Property Details

Asking Price$359,000
Price per SqFt$454
Maintenance fee$650 Monthly
Property Taxes$4,270 2024
Interior Space790 SqFt
Beds/Baths2/2
Year Built1925
MLS #A11930559

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$650maintenance · $650 per month
$356taxes · $4,270/yr ÷ 12
$1,006 / monthassociation + taxes, before mortgage and insurance

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

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

Sales History for This Home · Penn Plaza Unit 302

Sale Sold Price Asking Price Beds/Baths SqFt Closed Date
Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · ONE Sotheby's International Realty · I track every sale at Penn Plaza. Ask me about this home or the neighborhood.
+1 (786) 280-0201

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.

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.