Condo in 1027 Pennsylvania Avenue 206, Miami Beach, FL 33139 for sale with MLS# A11964830

Beautifully updated 2-bedroom condo in the center of South Beach. This bright and airy residence showcases an open floor plan with large windows that flood the space with natural light. Nestled on a quiet, tree-lined street in the historic Flamingo Park neighborhood, you're just minutes from the beach, Lincoln Road, Española Way, Ocean Drive, and Flamingo Park's tennis courts, pool, and running track. Located in a secure, well-maintained boutique building, this home offers the ideal combination of character and convenience. Perfect as a primary residence, vacation retreat, or turnkey investment in a high-demand rental market. No upcoming or pending assessments.

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1027 Pennsylvania Avenue 206, Miami Beach, FL 33139

Price
Price:
$344,900.00
Original List Price:
$350,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
May 6, 2026 7:17 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Bedroom On Entry Level, Other
Measures
Living Area:
760 Sqft
Built-Up Area:
760 Sqft
Property Features
View from the Property:
Other
Waterfront:
No
Security:
Other, Security Fence
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Other
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Fence:
Fenced
Other Equipment:
Other
Construction
Year Built:
1925
Architectural Style:
Other
Levels:
Two
Entry Level (floor):
1
Construction Materials:
CBS
Flooring:
Wood
Number of stories:
3
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$4,210.00
Tax Year:
2025
Association Fee:
$638.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
On Street
Utilities
Electric:
Circuit Breakers
Utilities Available:
Cable Available
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
Association Approval Required
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
180
Subdivision Name:
PENN PLAZA CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Maintenance Structure, Hot Water
Senior Community:
No
Minimum Days per Lease:
2
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Okay To Lease During First Year
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
PENN PLAZA CONDO UNIT 206 UNDIV 6.07% INT IN COMMON ELEMENTS OFF REC 19856-2479 OR 20900-1424 1202 1
Real Estate Folio Number (Parcel Number):
0242032460170
Public Schools Assigned
Elementary School:
Miami Beach Fienberg / Fisher K-8
High School:
Miami Beach
Listing History
Active on the market since:
February 18, 2026
Listing Agreement executed on:
February 18, 2026
Price change occurred on:
May 6, 2026 7:17 pm
Listing Status Last Changed On:
February 18, 2026 5:00 am
Photos updated on:
May 6, 2026 6:18 pm
Last Modified:
July 7, 2026 12:03 am
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Floor Number:
2
Street Name:
Pennsylvania
Street Number:
1027
Unit Number:
206
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 52.4''
Longitude:
W81° 51' 58.8''
Street Suffix:
Avenue
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 70 Moderate
☀️ O3 25 Good
🫁 PM2.5 70 Moderate

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.