Penn Terrace Towers 512
Unit 512
1 / 11
Penn Terrace Towers Unit 512 Sold
$325,000
730 Pennsylvania Ave 512 · Ocean Drive · Miami Beach
730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 1 of 11730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 2 of 11730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 3 of 11730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 4 of 11730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 5 of 11730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 6 of 11730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 7 of 11730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 8 of 11730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 9 of 11730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 10 of 11730 Pennsylvania Ave 512, 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139, photo 11 of 11
$325,000Sold Price
$448Per SqFt
1/1Beds/BathsBd/Ba
725SqFt · 67.4 m²
Penn Terrace Towers · MLS A11947344 · 245 days on Zilbert · Listed Jan 16, 2026 · 730 Pennsylvania Ave 512, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

Property Details

Sold Price$325,000
Last Asking Price$315,000
Price per SqFt$448
Maintenance fee$1,772 Quarterly
Property Taxes$4,274 2024
Interior Space725 SqFt
Beds/Baths1/1
Year Built1970
Closed Date3/10/2026
MLS #A11947344

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$591maintenance · $1,772 per quarter
$356taxes · $4,274/yr ÷ 12
$947 / monthassociation + taxes, before mortgage and insurance

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

From the listing

Live where South Beach comes alive. This rarely available residence at Penn Terrace Towers is blocks from the beach and surrounded by some of the area’s best restaurants hotels and shopping. The building has completed its 50-year recertification and features recent exterior updates including a new roof and fresh paint with solid reserves and no pending special assessments. The pet-friendly community offers 24-hour surveillance a laundry facility and controlled access to a covered private parking garage plus additional guest parking — a true rarity in South Beach. This bright one-bedroom one-bath unit faces east and is filled with natural light. Marble flooring runs throughout and the kitchen features stainless steel appliances. The private balcony provides a comfortable outdoor space with access by elevator or nearby stairs. Owner-occupied only with no leasing permitted the building maintains a quiet and well-cared-for environment. A great opportunity to own a well-located South Beach property in an established community.

Listed by Beachfront Realty Inc

Sales History for This Home · Penn Terrace Towers Unit 512

Sale Sold Price Asking Price Beds/Baths SqFt Closed Date
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 Beachfront Realty 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.

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.