Penn Terrace Towers 705
Unit 705
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Penn Terrace Towers Unit 705 For Sale
$349,000
730 Pennsylvania Avenue 705 · Ocean Drive · Miami Beach
730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 1 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 2 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 3 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 4 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 5 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 6 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 7 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 8 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 9 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 10 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 11 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 12 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 13 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 14 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 15 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 16 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 17 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 18 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 19 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 20 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 21 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 22 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 23 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 24 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 25 of 26730 Pennsylvania Avenue 705, 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139, photo 26 of 26
$349,000Asking Price
$487Per SqFt
1/1Beds/BathsBd/Ba
717SqFt · 66.6 m²
Penn Terrace Towers · MLS A12080850 · 17 days on Zilbert · Listed Aug 31, 2026 · 730 Pennsylvania Avenue 705, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

Property Details

Asking Price$349,000
Price per SqFt$487
Maintenance fee$590 Monthly
Property Taxes$3,963 2025
Interior Space717 SqFt
Beds/Baths1/1
Year Built1970
MLS #A12080850

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$590maintenance · $590 per month
$330taxes · $3,963/yr ÷ 12
$920 / monthassociation + taxes, before mortgage and insurance

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

From the listing

Perched on the top floor of Penn Terrace Towers, Unit 705 is a bright and beautifully updated one-bed residence offering elevated South Beach living. The open-concept kitchen features sleek quartz countertops, stainless steel appliances, and a clean, modern design that flows effortlessly into the living space. The 24x24 tile flooring throughout creates a sophisticated, cohesive feel. Step onto the private balcony to enjoy refreshing coastal breezes and partial ocean view. A walk-in closet, updated bathroom, full-size in-unit washer and dryer, and impact glass add comfort and convenience. Located in an exclusively owner-occupied community where leasing is not permitted, Penn Terrace Towers is just moments from the Beachwalk, South Pointe Park and some of Miami Beach's finest dining and entertainment. The building has completed its 50-year recertification and includes a covered garage parking space.

Listed by Compass Florida, LLC

Sales History for This Home · Penn Terrace Towers Unit 705

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 Compass Florida, 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.