Penn Plaza 201
Unit 201
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Penn Plaza Unit 201 For Sale
$425,000
1027 Pennsylvania Avenue 201 · Ocean Drive · Miami Beach
1027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 1 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 2 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 3 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 4 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 5 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 6 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 7 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 8 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 9 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 10 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 11 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 12 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 13 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 14 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 15 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 16 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 17 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 18 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 19 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 20 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 21 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 22 of 231027 Pennsylvania Avenue 201, 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139, photo 23 of 23
$425,000Asking Price
$457Per SqFt
2/2Beds/BathsBd/Ba
930SqFt · 86.4 m²
Penn Plaza · MLS A12066696 · 43 days on Zilbert · Listed Aug 6, 2026 · 1027 Pennsylvania Avenue 201, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

Property Details

Asking Price$425,000
Price per SqFt$457
Maintenance fee$775 Monthly
Property Taxes$4,729 2025
Interior Space930 SqFt
Beds/Baths2/2
Year Built1925
MLS #A12066696

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$775maintenance · $775 per month
$394taxes · $4,729/yr ÷ 12
$1,169 / monthassociation + taxes, before mortgage and insurance

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

From the listing

Experience elevated South Beach living in this beautifully remodeled 2 bedroom, 2.5 bathrooms residence offering approximately 930 sq. ft. in the heart of Miami Beach. Thoughtfully updated with a fresh, modern feel throughout, this move-in-ready home offers the perfect combination of style, comfort, location, and investment potential.Enjoy the convenience of living just moments from the beach and surrounded by the best of Miami Beach, including renowned dining, shopping, entertainment, nightlife, Flamingo Park, Lincoln Road, and the vibrant South Beach lifestyle.Whether you're searching for a stylish primary residence, a Miami Beach retreat, or an investment property, this residence offers exceptional versatility. Leasing is permitted, providing an attractive opportunity for investors while also making this an ideal home for those looking to enjoy the Miami Beach lifestyle year-round.Completely remodeled, ideally located, and ready for its new owner. A fantastic opportunity to own a beautifully updated residence in one of South Florida's most iconic destinations. Association approval required.

Listed by The Dreamers Miami, LLC.

Sales History for This Home · Penn Plaza Unit 201

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 The Dreamers Miami, 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

Directions

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.