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  1. Home/
  2. Miami Beach, FL/
  3. Penn Terrace Towers

Penn Terrace Towers

730 Pennsylvania Ave, Miami Beach, FL, 33139

0 Units for Sale

Aerial panoramic view of a coastal cityscape with high-rise buildings and beaches.View Listing
MLS ID #A11112358
Aerial panoramic view of a coastal cityscape with high-rise buildings and beaches.View ListingMLS ID #A11112358
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YearBuilt

Year Built

1970

Stories

# Stories

7

#TotalUnits

# Total Units

44
UnitSizeRange

Unit Size Range

660-775 sqft

UnitDemand

Unit Demand

Stories

Medium

UnitAvailability

Unit Availability

Stories

Low


About Penn Terrace Towers

Penn Terrace Towers, located at 730 Pennsylvania Ave., Miami Beach, FL 33139, is a distinguished 7-story residential building constructed in 1970. The building offers a variety of spacious living options with its well-designed units, catering to diverse lifestyle needs. Notably, this property is not waterfront, but it stands out with its emphasis on functionality and comfort. Architecturally, Penn Terrace Towers showcases the hallmark design elements of its era, featuring a robust concrete structure with a classic facade that complements the surrounding urban landscape. The building is equipped with essential facilities, including a well-maintained laundry area and secured access systems, ensuring residents' convenience and safety. Situated in the vibrant neighborhood of Miami Beach, the property provides residents with easy access to a wide range of cultural and recreational activities. The surrounding area is known for its lively atmosphere, featuring eclectic dining options, shopping centers, and entertainment venues. Additionally, the building's prime location offers proximity to public transportation routes, facilitating seamless connectivity to the broader Miami area. Penn Terrace Towers exemplifies a blend of historical charm and practical urban living, making it a noteworthy choice for those seeking residence in one of the city's dynamic districts.

Aerial panoramic view of a coastal cityscape with high-rise buildings and beaches.View Listing
MLS ID #A11112358
Aerial panoramic view of a coastal cityscape with high-rise buildings and beaches.View ListingMLS ID #A11112358
Placeholder
Placeholder
Placeholder

Amenities

While this charming building does have its limitations when it comes to amenities, it does feature convenient laundry facilities right on-site. This can be a real game-changer for busy first-time homeowners. Imagine spending less time searching for a laundromat and more time enjoying the beach or your favorite café!

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPool
Fitness CenterFitness Center
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Visitors ParkingVisitors Parking

Building Policies

As you make your decision, you’ll be happy to know that Penn Terrace Towers is a pet-friendly building, welcoming dogs! This is great news if you’re a pet owner or considering getting a furry companion. Having a pet-friendly space can make your new home feel even more inviting and comfortable.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Penn Terrace Towers Market Report (last 12 months)

Avg. List Price
$229,000 ($347/Sqft.)
Year-Over-Year List Price
Down Arrow 11.23%
Total Listings
Listings1
Avg. Days On Market
Calendar84
Avg. Sale Price
$220,000 ($334/Sqft.)
Year-Over-Year Sale Price
Down Arrow 14.31%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$2 /monthly

Demographics For all South Beach listings

AVERAGE RESIDENT AGE

40 years old

AVERAGE HOUSEHOLD INCOME

$59,439/year

AVERAGE HOUSEHOLD COMPOSITION

2 People

Star IconWhat to know about South Beach demographics:

  • Approximately 29.03% of adults hold a bachelor's degree, indicating a well-educated population.
  • The average age of residents in South Beach is around 40 years.
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Living in Penn Terrace Towers

Condo Living at Penn Terrace Towers Condo, located at 730 PENNSYLVANIA AVE, MIAMI BEACH, FL:

Welcome to the vibrant world of condo living at Penn Terrace Towers! Nestled right in the heart of Miami Beach, this charming seven-story building, established in 1970, offers an inviting atmosphere for first-time buyers. Its cozy vibe and manageable size make it a fantastic option for those stepping into homeownership. With only 37 units available, the Penn Terrace Towers boasts a close-knit community feel, ideal for anyone looking to settle down in a lively environment.

Building Features and Unit Availability:

You'll love the variety of units at Penn Terrace, ranging from 660 to 743 square feet. Though availability is currently low, the demand is steady, suggesting that these condos are highly sought after. Each unit provides plenty of potential for personalization, paving the way for creating your dream space. With an average closed price around $256,750 and a price per square foot at $365, these condos offer an attractive entry point into the Miami Beach real estate market.

Life at Penn Terrace Towers Condo:

Living at Penn Terrace Towers means embracing the Miami Beach lifestyle filled with sunshine, ocean views, and a vibrant community. It’s a perfect spot for young professionals and active individuals wanting to soak up everything this iconic locale offers. Socialize with your neighbors by the pool or enjoy a barbecue in the outdoor areas—perfect for creating memories with friends and family.

  1. Home/
  2. Miami Beach, FL/
  3. Penn Terrace Towers
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