1027 Pennsylvania Ave #101
1027 Pennsylvania Ave #101 Miami Beach 331391 bedrooms | 1 bathroom | 0 half bath | 580 sqft
$239,000
Property Details
- MLS #
- A11883567
- Unit #
- 101
- Address
- 1027 PENNSYLVANIA AVE #101 map
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area (f2)
- 580
- Living Area (M2)
- 54
- Year Built
- 1925
- Waterfront
- Status
- Active
- Listing Type
- Condo/Townhome
- Maintenance Fee
- $487
- Complex
- PENN PLAZA CONDO
- Days On Market
- 173
- Pool
- Pets Allowed
- N/A
- Parking Spaces
- 0
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Property Description
Excellent income-producing opportunity just steps from the ocean. This bright corner unit on the first floor is currently rented for $2,000 per month, making it an ideal property for investors seeking immediate rental income. The unit features a spacious bedroom with a large walk-in closet, an open-concept layout, and abundant natural light throughout. Recent updates include a new water heater, newly renovated bathroom, and a recently serviced A/C system. Prime location close to the beach, dining, shopping, and entertainment, making it highly attractive for long-term tenants. – MOTIVATED SELLER. Ask the listing agent for the video tour.
Property Amenities
Equipment
- Dishwasher
- Disposal
- Microwave
- Other Equipment/Appliances
- Refrigerator
Interior Features
- Walk-In Closet(s)
Exterior Features
- None
Similar Properties
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 432 TILFORD T #432 | 432 | $90,000 | 1/1 | 585 | 54 | $552 | |
| 642 Michigan Ave #24 | 24 | $140,000 | 0/1 | 285 | 26 | $605 | |
| 549 Meridian Ave #5 | 5 | $150,000 | 0/1 | 420 | 39 | $581 | |
| 763 Pennsylvania Ave #101 | 101 | $165,000 | 0/1 | 305 | 28 | $935 | |
| 763 Pennsylvania Ave #116 | 116 | $170,000 | 0/1 | 270 | 25 | $836 | |
| 836 10th St #6 | 6 | $170,000 | 1/1 | 550 | 51 | $776 | |
| 544 Michigan Ave #10 | 10 | $178,950 | 0/1 | 0 | 0 | $461 | |
| 1308 Drexel Ave #307 | 307 | $179,990 | 0/1 | 430 | 40 | $514 | |
| 0 #8 | 8 | $180,000 | 0/1 | 300 | 28 | $1,114 | |
| 763 Pennsylvania Ave #131 | 131 | $180,336 | 1/1 | 282 | 26 | $871 | |
| 1050 Pennsylvania Ave #12-A | 12-A | $185,000 | 0/1 | 380 | 35 | $453 | |
| 763 Pennsylvania Ave #130 | 130 | $185,000 | 0/1 | 270 | 25 | $836 | |
| 900 Euclid Ave #10 | 10 | $185,000 | 0/1 | 403 | 37 | $459 | |
| 719 Euclid Ave #3 | 3 | $189,000 | 0/1 | 417 | 39 | $1,325 | |
| 936 Pennsylvania Ave #107 | 107 | $189,900 | 0/1 | 445 | 41 | $600 |
Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 4 | 03/13/2026 | $550,000 | $450,000 | 2 | 2 | 840 | 5 months |
| 904 | 03/12/2026 | $380,000 | $394,000 | 1 | 1 | 662 | 10 months |
| 512 | 03/10/2026 | $325,000 | $315,000 | 1 | 1 | 725 | 1 month |
| 216 | 03/09/2026 | $825,000 | $878,000 | 2 | 2 | 1,218 | 1 month |
| 605 | 03/06/2026 | $3,850,000 | $3,990,000 | 3 | 3 | 2,042 | 7 months |
| 416 | 03/05/2026 | $287,500 | $315,000 | 1 | 1 | 785 | 1 month |
| 201 | 03/03/2026 | $250,000 | $250,000 | 1 | 1 | 681 | 1 month |
| 204 | 03/03/2026 | $780,000 | $799,000 | 3 | 3 | 1,300 | 1 month |
| D302 | 03/03/2026 | $375,000 | $375,000 | 1 | 1 | 470 | 3 months |
| 6A | 03/02/2026 | $285,000 | $299,000 | 1 | 1 | 671 | 3 months |
| 112 | 03/02/2026 | $1,450,000 | $1,499,900 | 3 | 2 | 1,270 | 8 months |
| 901-902 | 03/02/2026 | $4,300,000 | $5,600,000 | 4 | 4 | 4,078 | 7 months |
| 2606 | 03/02/2026 | $1,100,000 | $1,170,000 | 2 | 2 | 1,247 | 1 month |
| 5 | 02/27/2026 | $425,000 | $435,000 | 1 | 1 | 589 | 1 month |
| 1701 | 02/27/2026 | $2,775,000 | $2,850,000 | 3 | 3 | 1,994 | 2 months |
| 1101 | 02/25/2026 | $2,300,000 | $2,550,000 | 2 | 2 | 2,003 | 9 months |
| 507/509 | 02/25/2026 | $837,500 | $925,000 | 3 | 2 | 1,440 | 6 months |
| 405 | 02/24/2026 | $310,000 | $305,000 | 1 | 1 | 654 | 6 months |
| 909 | 02/20/2026 | $390,000 | $430,000 | 1 | 1 | 655 | 5 months |
| 708 | 02/18/2026 | $460,000 | $495,000 | 1 | 1 | 645 | 1 month |
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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
