8 months on rocket

1027 Pennsylvania Ave Unit 103, Miami Beach, FL, 33139

$399,000

Home List Price

$4,738*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
800 SqFt
$499/SqFt
Condo
Schools Nearby

Location

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1027 Pennsylvania Ave Unit 103, Miami Beach$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1925
HeatingOther
CoolingCentral Air
ViewOther
MLS #A11441081
StatusActive

About 1027 Pennsylvania Ave Unit 103

Sunlit and charming corner two-bedroom condo featuring wood flooring, central a/c, an updated kitchen, and conveniently located on the 1st floor. Central South Beach location, within walking distance to the Beach and Flamingo Park. Penn Plaza is a well-maintained, boutique, and historic 1925 Art Deco building and has completed its recertification. The property offers secure gated and lobby entry and also features a laundry room on the floor. Perfect investment opportunity, with low HOA fees, and rented for $2,700/month until June 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1925
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Miriam Fink

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Other, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Bedroom on Main Level, First Floor Entry, Living/Dining Room, Main Level Primary, Main Living Area Entry Level, Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 1027 Pennsylvania Ave Unit 103

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Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • Fienberg/Fisher K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $499/SqFt

HOA Fees:

  • Amount: $478
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$569.7K

Med. Price/SqFt

$574

Avg. Days On Market

85

# of Sold Homes

136

1027 Pennsylvania Ave Unit 103 vs Miami Beach

249 DAYS ON ROCKET

+164 Days

$399,000

-$170.7K Less

$499/SqFt

-$75 Less

KEY TAKEAWAY

This property is $170.7K less than the Median Sold Price and $75/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11441081

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Miriam Fink

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2483509
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.34 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2483510
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.39 miles

  • Public District Grades 6-8

High School

school-card-donut-2483511
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.23 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,504. Most Miami Beach, FL residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1027 Pennsylvania Ave Unit 103

What is the listing price of this property?

The listing price of 1027 Pennsylvania Ave Unit 103 property is $399,000.

What type of property is this?

The property 1027 Pennsylvania Ave Unit 103 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1027 Pennsylvania Ave Unit 103 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1027 Pennsylvania Ave Unit 103 are:
Fienberg/Fisher K-8 Center: GreatSchools Rating 5/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 1027 Pennsylvania Ave Unit 103 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1027 Pennsylvania Ave Unit 103 is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1027 Pennsylvania Ave Unit 103 is 1925.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331391027 Pennsylvania Ave Unit 103

This home is located at 1027 Pennsylvania Ave Unit 103 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 800 square foot home was built in 1925. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2023 and is currently priced at $399,000.

In March 2024, from all listings sold in Miami Beach, FL there were more than 6 sold above asking price, over 118 sold below and more than 12 were sold right at the asked price. The number of listings in Miami Beach, FL increased by 8.6% between February 2024 and March 2024. In March 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $569,797.

From Rocket Homes Real Estate and based on county public records data.

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