Home » Miami Beach » Penn Plaza at 1027 Pennsylvania Ave Miami Beach » 1027 Pennsylvania Ave 201, Miami Beach, FL 33139 | A11568377

Sold 1027 Pennsylvania Ave 201, Miami Beach, FL 33139

$350,000
closed for a price of $290,000

Property Highlights

Listing ID A11568377 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 930 Sqft/86.40 m2 approx. Building Area 930 Sqft/86.40 m2 approx. Year Built 1925 Lease Term Minimum Duration: 180 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 180 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 126 Days

1027 Pennsylvania Ave 201, Miami Beach, FL 33139

Property Description: Step into the vibrant heart of South Beach with our 2/2 apartment, just moments from the ocean! Live the dream, where every day feels like a beach day without the beachfront price tag. The unit is flooded with natural light, creating a warm and inviting atmosphere throughout. One of the highlights of this apartment is its prime location. Residents can enjoy easy access to world-class dining, shopping, entertainment, and nightlife options. Whether you 're strolling along Ocean Drive or relaxing on the sandy shores, the best of Miami Beach is right at your doorstep. Don 't miss out on this fantastic opportunity to experience the vibrant lifestyle of Miami Beach in this wonderful apartment. Schedule a viewing today! "

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$399,000
Original List Price:$399,000
Close Price:$290,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Other
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Wood
  • Vinyl
  • Ceramic Tile
Number of stories:3
Possible Use:
  • Investment

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
  • Phone Entry
  • Other
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
Interior Features:
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Kitchen/dining Combo
  • Family/dining Room
  • Second Floor Entry
Exterior Features:
  • Fence
Window Features:
  • Blinds
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$5,399

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:2023
Association Fee:$742
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Subdivision Name:PENN PLAZA CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Water
  • Trash
Complex Name:PENN PLAZA CONDO
Senior Community:No
Restrictions: No Motorcycles, No Recreational Vehicles RV, No Truck, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • On Street
  • None

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Garden Elementary
High School:Miami Beach
Middle Or Junior School:Nautilus

More Details

Other Information:
Unit ViewNone
Housing Older Persons ActNo HOPA
Unit DesignOther
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year2
Flood ZoneAE
Homeowner's Association Application Fee150
Rooms DescriptionNo Additional Rooms
Style Condo 1-4 Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number246
Buyer Country of ResidenceUnknown/Withheld
Water Access Description:None

Zoning and Legal

Tax Legal Description:PENN PLAZA CONDO UNIT 201 UNDIV 7.39% INT IN COMMON ELEMENTS OFF REC 19856-2479 OR 19900-3576 08 2001 1
Real Estate Folio Number (Parcel Number):02-42-03-246-0020
Public Survey Township:2
Public Survey Range:42
Public Survey Section:3
Title to the property is held by owner as:
  • Sole Proprietor

Listing History

Update/EventDate/Days
Published Date:April 12, 2024 4:53 pm
On Market Date:April 12, 2024
Close Date:August 16, 2024
Price Change Date Time:May 7, 2024 4:25 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:August 19, 2024 5:35 pm
Status Last Changed:August 19, 2024 5:35 pm
Photos Last Modified:April 23, 2024 12:58 pm
Last Modified:August 19, 2024 9:35 pm
Days on the Market Reference Date:August 19, 2024
Days on the Market (updated on Last Modified*):104
Cumulative Days on the Market (updated on Last Modified**):104

Additional Information

Unit Location:Other
Number of Photos:18
Location:,,
Included:,,
Area:42
Automated Valuation Display:Yes
Courtesy of:Keller Williams Realty International Lifestyles
Universal Property Id:US-12025-N-0242032460020-R-N

Location

Show Property Address:Yes
Street Name:Pennsylvania Ave
Street Number:1027
Street Address:1027 Pennsylvania Ave 201
Unit Number:201
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1027 Pennsylvania Ave 201, Miami Beach, FL 33139
Latitude:N25° 46' 52.5''
Longitude:W81° 51' 58.7''

Neighborhood

Postal City:Miami Beach

Property Map

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