2-Bed Condominium at PENN CONDO in Miami Beach

$330,000

Brickellsold Estimate* (fallback: list price)$330,000 (list price)
For Sale
bedrooms

2

bathroom

1

Square Footage

700

Type of Property

Condominium, Residential

Details

Overview

Sub Type
Condominium
Price Per Sqft
$471/sqft
Built In
1961
Association Fee
$560/mo HOA
Taxes
$3,512/yr

Description

Turnkey 2-bedroom, 1-bath condo in the heart of Miami Beach — ideal for savvy investors. Currently rented at $2,700/month through March 2027, offering immediate and stable cash flow from day one. Features include a bright, open layout with modern finishes, full appliance package, one assigned parking space, and an open balcony/patio. The building has passed its 40-year certification, with a new roof installed last year and exterior repainting currently in progress, enhancing both curb appeal and long-term value. With 365 lease days allowed per year, this is a streamlined addition to any South Florida investment portfolio. Minutes from the beach, dining, shopping, and entertainment. Cash only.

This condominium home located at 1228 Pennsylvania Ave # 7, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 97 days. This property is listed at $330K. It has 2 beds, 1 bathrooms, and is 700 square feet. It was built in 1961. 1228 Pennsylvania Ave # 7, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.

Interior

Bedrooms
2
Bathrooms
1
Bathrooms Full
1
Features
  • Flooring: Vinyl
  • Common walls with other units/homes:
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Total interior livable area
700 sqft

Property

Parking
  • Covered Spaces: 1
  • Parking Features: Assigned
  • Garage Spaces: 1
Parcel Number
02-42-03-175-0070
Features
  • Entry location: First Floor Entry
  • Exterior Features: Other, Open Balcony
  • Has View: Yes
  • View Description: Other View

Construction

Property subtype
Condominium, Residential
Attached to another structure
Yes
Materials
CBS Construction
Condition
  • Year Built: 1961

Community & HOA

Community
  • Security Features: Other
  • Subdivision: PENN CONDO
HOA
  • Has HOA: Yes
  • Amenities: Laundry
  • HOA Fees: $560/mo
Region
Miami Beach

Financial

Price Per Sqft
$471/sqft
Taxes
$3,512/yr
Association Fee
$560/mo
On Market Date
3/24/2026
Listing Terms
Cash

Metadata

Added
3/25/2026
Updated
6/30/2026
MLS#
A11989126
Days on Market
97
Listed By
AFS Living
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • Miami Beach Adult & Community Education Center 0.0 mi • K-12
  • Miami Beach Fienberg/Fisher K-8 Center 0.0 mi • K-12
  • Miami Beach South Pointe Elementary 0.0 mi • K-12
  • Miami Beach Senior High 0.0 mi • K-12
  • North Beach Elementary 0.0 mi • K-12
  • Miami Beach Nautilus Middle 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$330,000Mar 25, 2026

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