1027 Pennsylvania Avenue, Unit 306

Miami Beach, FL 33139

$335,000
Price
2
Beds
2
Baths
760 Sq. Ft.
$441 / Sq. Ft.
760
Sq. Ft.
$441
per Sq. Ft.

Description

Discover the epitome of South Beach living with this remarkable offering! Situated in one of the most coveted locations in Miami's vibrant South Beach, this meticulously priced 2-bedroom 2-bath residence is a rare find. Set within a cool 1925 Art Deco building, it exudes charm and character. Open kitchen plan. Currently housing two tenants who are renting below market value on a month-to-month basis, this property presents an exceptional investment opportunity. Moreover, with rentals permitted in...Discover the epitome of South Beach living with this remarkable offering! Situated in one of the most coveted locations in Miami's vibrant South Beach, this meticulously priced 2-bedroom 2-bath residence is a rare find. Set within a cool 1925 Art Deco building, it exudes charm and character. Open kitchen plan. Currently housing two tenants who are renting below market value on a month-to-month basis, this property presents an exceptional investment opportunity. Moreover, with rentals permitted in the first year of ownership, the potential for income is immediate. Beyond its investment potential, its prime location ensures a lifestyle second to none. Whether you're seeking a lucrative investment or a stylish urban retreat, this listing ticks all the boxes. seller motivated!
  1. Listed by Ari Schickman • Coldwell Banker Realty

Property Details for 1027 Pennsylvania Avenue, Unit 306

Subdivision
PENN PLAZA CONDO
Complex Name
Penn Plaza Condo
Style
Condo 1-4 Stories
Waterfront
No
View
Other View
Unit View
Other View
Area
42
Auction
No

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 04/21/2024 02:36 PM

Property Details for 1027 Pennsylvania Avenue, Unit 306

StatusActive With Contract
MLS #A11564616
Days on Market12
Taxes$4,767 / year
HOA Fees$554 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1925
CountyMiami-Dade County

Building

PENN PLAZA

3 StoriesBuilt in 1925

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 1027 Pennsylvania Avenue, Unit 306

Building/ComplexPENN PLAZAFloor3Stories3Residences-Pet Policy-Year Built1925

Payment Calculator

$2,779 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,828

Property Taxes

$397

HOA Dues

$554

The Payment Calculator is for illustrative purposes only.

Property Information for 1027 Pennsylvania Avenue, Unit 306

Location Information
Location Information
  • Parcel Number Free Text: 02-42-03-246-0180
  • Parcel Number MLX: 0180
  • MLS Area: 42
  • Municipal Code: 2
  • Township Range: 42
  • Section: 3
  • Subdivision Number: 246
  • Subdivision Complex Bldg: Penn Plaza Condo
  • Unit Floor Location: 3
  • Total Floors In Building: 3
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: Street Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 180
  • Num Times Leased Year: 2
  • Type of Governing Bodies: Condominium
  • Unit Design: Other
  • Construction: Other Construction
  • Construction Type: Other Construction
  • Flooring: Tile Floors, Wood Floors
  • Floor Description: Tile Floors, Wood Floors
  • Security Information: Complex Fenced, Card Entry, Intercom In Lobby
Room Information
Room Information
  • Bedroom Description: Other
Additional Property Information
Utilities
  • Heating Description: Other
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry, Walk-In Closets
  • Equipment Appliances: Dishwasher, Microwave, Other Equipment/Appliances, Refrigerator
  • Exterior Features: Fence, Other
  • Maintenance Includes: Common Area, Other Maintenance Includes, Trash Removal, Water
  • Amenities: Common Laundry
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: AE
  • Tax Year: 2022
  • Tax Information: Tax Reflects No Homestead Tax
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval
Rent Status
  • Other Fees: $150

Property History for 1027 Pennsylvania Avenue, Unit 306

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1027 Pennsylvania Avenue, Unit 306

Taxable ValueLand-Additions-Total-
Tax Record2023$4,767 ($397 / month)
Home Facts
Beds2Total Finished SqFt760 SqFtAbove Grade Finished SqFt760 SqFtStyleCondominiumYear Built1925Zoning4800:PLANNEDCountyMIAMI-DADEAPN02-4203-246-0180

Schools near 1027 Pennsylvania Avenue, Unit 306

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Fienberg/Fisher K-8 Center
PublicPK to 8

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.