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  1. Home/
  2. Miami Beach, FL/
  3. 1027 Pennsylvania Ave

1027 Pennsylvania Ave

1027 Pennsylvania Ave, Miami Beach, FL, 33139

0 Units for Sale

Front view of a three-story apartment building with gated entrance and palm trees.View Listing
MLS ID #A11679560
Front view of a three-story apartment building with gated entrance and palm trees.View ListingMLS ID #A11679560
Front view of an entrance with glass double doors and steps leading up.View ListingMLS ID #A11679560
Front view of a multi-story building with a gated entrance and palm trees.View ListingMLS ID #A11679560
Front view of a three-story building with a gated entrance and surrounding greenery.View ListingMLS ID #A11679560
YearBuilt

Year Built

1925

Stories

# Stories

3

#TotalUnits

# Total Units

16
UnitSizeRange

Unit Size Range

490-930 sqft

UnitDemand

Unit Demand

Stories

-

UnitAvailability

Unit Availability

Stories

-


About 1027 Pennsylvania Ave

Penn Plaza Condominiums, located at 1027 Pennsylvania Ave, Miami Beach, FL, is a historic three-story building constructed in 1925. This charming residential building offers a range of unit sizes, catering to various lifestyle preferences. The architecture of Penn Plaza reflects the classic style of the early 20th century, with a strong emphasis on durable construction materials and character-rich design elements. While the building is not waterfront, it is positioned in a vibrant urban setting, providing residents with easy access to Miami Beach's lively atmosphere. The building features essential amenities to enhance the living experience, including a secure entry system and well-maintained common areas. The surrounding neighborhood offers a wealth of local attractions and conveniences, enhancing the appeal of living at Penn Plaza Condominiums. Residents benefit from proximity to cultural sites, dining venues, and entertainment options, contributing to a well-rounded lifestyle. The historic charm, combined with the modern amenities provided, makes Penn Plaza an attractive option for those seeking a blend of history and contemporary living. The surrounding area of Miami Beach is known for its art deco buildings, beaches, and a dynamic blend of recreational activities available throughout the year.

Front view of a three-story apartment building with gated entrance and palm trees.View Listing
MLS ID #A11679560
Front view of a three-story apartment building with gated entrance and palm trees.View ListingMLS ID #A11679560
Front view of an entrance with glass double doors and steps leading up.View ListingMLS ID #A11679560
Front view of a multi-story building with a gated entrance and palm trees.View ListingMLS ID #A11679560
Front view of a three-story building with a gated entrance and surrounding greenery.View ListingMLS ID #A11679560

Amenities

While Penn Plaza offers a streamlined lifestyle with just one primary amenity—laundry facilities—it ensures you have what you need without overwhelming you with unnecessary extras. It’s designed for those who appreciate simplicity without lacking convenience. Imagine spending weekends lounging at the beach and returning to your cozy condo to toss in a load of laundry before heading out for brunch with friends.

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

Building Policies

For pet lovers, Penn Plaza is a friendly space, welcoming up to 20-pound dogs. This makes it a great option for those who want to bring their furry companions along. With some restrictions in place, the building aims to maintain a peaceful atmosphere that all residents can enjoy.

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

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1027 Pennsylvania Ave Market Report (last 12 months)

Avg. List Price
$355,780 ($421/Sqft.)
Year-Over-Year List Price
Up Arrow 21.22%
Total Listings
Listings5
Avg. Days On Market
Calendar70
Avg. Sale Price
$294,000 ($378/Sqft.)
Year-Over-Year Sale Price
Up Arrow 7.56%
Total Sold
Sold2
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 1027 Pennsylvania Ave

Condo Living at Penn Plaza Condo, located at 1027 PENNSYLVANIA AVE, MIAMI BEACH, FL:

Nestled in the vibrant heart of Miami Beach, Penn Plaza Condo is an inviting choice for first-time homebuyers looking for their perfect slice of paradise. Built in 1925, this charming three-story condo building blends historical elegance with contemporary lifestyle needs. Imagine living just a stone’s throw away from the sun-kissed beaches, artsy boutiques, and hip eateries that make Miami Beach a coveted location.

Building Features and Unit Availability:

Penn Plaza Condo houses a total of 14 units, each ranging from 490 to 930 square feet. Although currently, there are no units available for sale, the building has a reputation for attracting prospective buyers. The average closed price of around $281,600, puts these homes in a comfortable range for new buyers looking to invest in their future. With a price per square foot averaging $351, buyers can gauge this option as a smart entry into the Miami market.

Life at Penn Plaza Condo:

Life at Penn Plaza is vibrant and relaxed, perfectly catering to young professionals and new buyers alike. This locale provides great opportunities to mingle with neighbors and enjoy the community atmosphere. Residents can often be found strolling along Pennsylvania Avenue or enjoying impromptu get-togethers in nearby parks. With the beach just a short walk away, mornings could be spent soaking in the sun or biking along the scenic paths that Miami Beach has to offer.

  1. Home/
  2. Miami Beach, FL/
  3. 1027 Pennsylvania Ave
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