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1027 Pennsylvania Ave # 101, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Residential

$260,000

Residential Active

1027 Pennsylvania Ave # 101, Miami Beach FL 33139

WhatsApp Pinterest Facebook Twitter Linkedin Email

Residential Active

1027 Pennsylvania Ave # 101, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Residential

1027 Pennsylvania Ave # 101, Miami Beach FL 33139

$260,000

Overview

Condominium
Property Type

1
Bedroom

1
Bathroom

0
Garage

580
Square Feet

1925
Year Built

Description

INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! This is the income-producing asset you’ve been waiting for! Fully rented 1BD/1BA South Beach condo generating $2,000/month with a locked-in lease through January 2026. That’s ZERO vacancy risk and immediate, guaranteed returns. Located just steps from world-famous beaches in one of Miami’s highest-demand rental zones, this light-filled unit features an open layout, stainless steel appliances, walk-in closet, and generous kitchen space—perfect for long-term tenant appeal. With a strong rental history and reliable tenant in place, this is a turnkey investment, no management headaches, and solid ROI. Secure a profitable asset in one of the most iconic markets in the U.S. – South Beach!

Address

Open on Google Maps

Address Pennsylvania Ave
City Miami Beach
State/county Miami-Dade County
Zip/Postal Code 33139
Area PENN PLAZA CONDO

Details

Updated on April 20, 2025 at 6:22 pm

Property ID: A11643933
Price: $260,000
Property Size: 580 Square Feet
Bedroom: 1
Bathroom: 1
Garage: 0
Year Built: 1925
Property Type: Condominium
Property Status: Residential

Additional details

PublicSurveyRange: 42
ShowingInstructions: 24 Hour Notice,Appointment Only,Call Listing Agent
CoListAgentDirectPhone: 646-331-1173
ListAgentKey: c27c42ddbf8f1c3d2e410425df916cda
TaxLegalDescription: PENN PLAZA CONDO UNIT 101 UNDIV 4.64% INT IN COMMON ELEMENTS OFF REC 19856-2479 OR 19900-3688 08 2001 1
CarportSpaces: 0
OnMarketDate: 2024-08-19
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-08-19
LaundryFeatures: Common Area
MajorChangeTimestamp: 2025-04-08T17:23:39.677Z
Flooring: Vinyl
PhotosCount: 20
RoomBedroomFeatures: At Least 1 Bedroom Ground Level,Entry Level
Cooling: Central Air
StatusChangeTimestamp: 2024-09-02T04:40:41.507Z
SecurityFeatures: Complex Fenced,Card Entry
MIAMIRE_TypeofAssociation: Condo
TaxExemptions: Tax Reflects No Homestead Exemption
BuildingName: Penn Plaza Condominiums
AssociationFeeFrequency: Monthly
CoListOfficeName: United Realty Group Inc
MIAMIRE_AdjustedAreaSF: 580
PriceChangeTimestamp: 2025-04-08T17:23:39.677Z
ListingKeyNumeric: 399812242
MajorChangeType: Price Decrease
ListingContractDate: 2024-08-19
CoListOfficeKey: 4374a93ac5c3b2430c0ac5160def3da6
ListAOR: A-Miami Association of REALTORS
MLSAreaMajor: Penn Plaza Condo
TaxAnnualAmount: 3408
ListOfficeName: United Realty Group Inc
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 448.28
OriginatingSystemKey: miamire
BathroomsTotalDecimal: 1
PhotosChangeTimestamp: 2025-04-08T17:20:31.519Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 954-450-2000
MlsStatus: Active
StreetNumber: 1027
CoListOfficeMlsId: UNGR02
ListingKey: dc6c2ac5004a01f394b7b3e2c4c2e15d
StateOrProvince: FL
CoveredSpaces: 0
ShowingContactType: Agent
CoListAgentEmail: [email protected]
MIAMIRE_TypeofGoverningBodies: Homeowner Association
ListOfficeKey: 4374a93ac5c3b2430c0ac5160def3da6
BridgeModificationTimestamp: 2025-04-20T16:01:40.085Z
EntryLevel: 1
ListAgentFullName: Ober Delgado Quiroz
ListAgentOfficePhone: 954-450-2000
ParcelNumber: 02-42-03-246-0010
ListingTerms: All Cash,Conventional
View: Other View
YearBuiltDetails: Resale
OtherExpense: 0
CoListAgentOfficePhone: 954-450-2000
IDXParticipationYN: 1
BathroomsFull: 1
Fencing: Fenced
InternetAddressDisplayYN: 1
MIAMIRE_PetsAllowedYN: 1
ListAgentMlsId: 3576834
StoriesTotal: 3
ModificationTimestamp: 2025-04-20T16:00:18.480Z
OriginatingSystemID: miamire
PreviousListPrice: 262000
PetsAllowed: Restrictions Or Possible Restrictions
DaysOnMarket: 230
MIAMIRE_MaintenanceIncludes: Building Exterior,Fidelity Bond,Insurance,Laundry Facilities
UnitNumber: 101
AssociationAmenities: Laundry
ListOfficeMlsId: UNGR02
ListAgentDirectPhone: 801-687-4467
CoListAgentFullName: Daniel Sasse
CoListAgentKey: 243ee88e03dbe8a65c0677c991005e22
StreetNumberNumeric: 1027
CoListAgentStateLicense: 3456286
ParkingFeatures: On Street
PostalCodePlus4: 4920
BathroomsHalf: 0
SyndicationRemarks: INVESTOR SPECIAL – CASH FLOW FROM DAY ONE! This is the income-producing asset you’ve been waiting for! Fully rented 1BD/1BA South Beach condo generating $2,000/month with a locked-in lease through January 2026. That’s ZERO vacancy risk and immediate, guaranteed returns. Located just steps from world-famous beaches in one of Miami’s highest-demand rental zones, this light-filled unit features an open layout, stainless steel appliances, walk-in closet, and generous kitchen space—perfect for long-term tenant appeal. With a strong rental history and reliable tenant in place, this is a turnkey investment, no management headaches, and solid ROI. Secure a profitable asset in one of the most iconic markets in the U.S. – South Beach!
Heating: Central
MIAMIRE_LPAmtSqFt: 448.2759
StructureType: Condo 1-4 Stories,Condo
ListAgentStateLicense: 3576834
CoListAgentMlsId: 3456286
PublicSurveyTownship: 42
StreetName: Pennsylvania Ave
ListOfficeFax: 954-670-1821
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 3
OriginalListPrice: 265000
BuildingAreaUnits: Square Feet
InternetEntireListingDisplayYN: 1
TaxYear: 2024
OriginalEntryTimestamp: 2024-08-19T18:05:59.653Z
SourceSystemKey: 399812242
Ownership: Sole Proprietor
ConstructionMaterials: Concrete Block Construction
MIAMIRE_Style: Condo 1-4 Stories
AssociationFee: 466
LotSizeSquareFeet: 0
ArchitecturalStyle: Corner Unit
CoListOfficePhone: 954-450-2000
BuildingAreaTotal: 580