Home » Miami Beach » Penn Plaza at 1027 Pennsylvania Ave Miami Beach » 1027 Pennsylvania Ave 302, Miami Beach, FL 33139 | A11482536

1027 Pennsylvania Ave 302, Miami Beach, FL 33139 | Sold

$285,000
closed for a price of $265,000

Property Highlights

Listing ID A11482536 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 790 Sqft/73.39 m2 approx. Building Area 790 Sqft/73.39 m2 approx. Year Built 1925 Lease Term Minimum Duration: 181 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 181 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 286 Days
8 Photos of this Property

1027 Pennsylvania Ave 302, Miami Beach, FL 33139

Property Description: Charming 2 Bedroom , 2 Full Baths overlooking the Palm Trees, with a lot of windows, natural sunlight. In the center of South Beach , Only a few blocks from Flamingo Park, Lincoln Rd and Famous Miami Beaches. Brand NEW AC , Combo W/D, Refrigerator. Spacious floor plan with split bedrooms and 2 full baths, open kitchen and walk-in closets.

Useful Info

Contingency:Association Approval
Previous Asking Price:$290,000
Original List Price:$409,000
Close Price:$265,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • Other
Entry Level (floor):3
Entry Level Location:3
Construction Materials:
  • Other
Flooring:
  • Tile
Number of stories:3
Possible Use:
  • Investment

Property Features

Waterfront:No
Security:
  • Complex Fenced
  • Phone Entry
Appliances:
  • Dryer
  • Refrigerator
  • Electric Range
Interior Features:
  • Other
Exterior Features:
  • Fence
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating System:
  • Other

Taxes and Expenses

Tax Annual Amount:$4,221

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$573
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Seller Financing
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Subdivision Name:PENN PLAZA CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Other
  • Hot Water
Complex Name:PENN PLAZA CONDO
Senior Community:No
Restrictions: OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • On Street

More Details

Other Information:
Unit View: None
Housing Older Persons Act: No HOPA
Unit Design: Other
Type of Association: Condo
Minimum Number of Days for Lease: 181
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 2
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 1-4 Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 246
Buy State: New Jersey
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:PENN PLAZA CONDO UNIT 302 UNDIV 6.28% INT IN COMMON ELEMENTS OFF REC 19856-2479 OR 21191-2135 032003 6 COC 25620-3699 05 2007 1
Real Estate Folio Number (Parcel Number):02-42-03-246-0060
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3

Listing History

Update/EventDate/Days
Published Date:November 7, 2023 1:12 pm
On Market Date:November 7, 2023
Close Date:August 19, 2024
Price Change Date Time:June 17, 2024 12:30 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:August 21, 2024 4:00 am
Status Last Changed:August 21, 2024 4:00 am
Photos Last Modified:November 8, 2023 4:56 pm
Last Modified:August 21, 2024 8:01 am
Days on the Market Reference Date:August 21, 2024
Days on the Market (updated on Last Modified*):254
Cumulative Days on the Market (updated on Last Modified**):254

Additional Information

Unit Location:Other
Number of Photos Count:8
Area:42
Ref ID:1046794184
Automated Valuation Display:Yes
Courtesy of:Broker One
Universal Property Id:US-12025-N-0242032460060-R-N

Location

Show Property Address:Yes
Street Name:Pennsylvania Ave
Street Number:1027
Street Address:1027 Pennsylvania Ave 302
Unit Number:302
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1027 Pennsylvania Ave 302, Miami Beach, FL 33139
Latitude:N25° 46' 52.5''
Longitude:W81° 51' 58.7''

Neighborhood

Postal City:Miami Beach

Property Map

Mortgage Calculator

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$