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Seller is motivated and has repositioned this beautifully renovated 2-bedroom, 2-bath condo in the heart of South Beach to attract immediate interest. Previously listed at $385,000, the new price of $359,000 presents an exceptional opportunity for buyers seeking a turnkey residence or investment in one of Miami Beach's most desirable neighborhoods. Located at 1027 Pennsylvania Ave #302, this fully renovated residence features modern finishes throughout, including updated flooring, a contemporary kitchen with quartz countertops and new appliances, upgraded lighting, and redesigned bathrooms. The bright layout offers comfortable living spaces and a clean, modern aesthetic ready for immediate occupancy. Situated on a charming tree-lined street in the Flamingo Park neighborhood, the building is moments from the beach, Lincoln Road, Española Way, and Flamingo Park's tennis courts, pool, and athletic facilities. With the seller strategically reducing the price to generate strong buyer interest and move the property quickly, this is an excellent opportunity for end-users or investors to secure a renovated South Beach property at a compelling value.
| DAYS ON MARKET | 150 | LAST UPDATED | 5/11/2026 |
|---|---|---|---|
| TRACT | PENN PLAZA CONDO | YEAR BUILT | 1925 |
| COMMUNITY | 10 | COUNTY | Miami-Dade |
| STATUS | Pending | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Jr. High School | Nautilus |
|---|---|
| High School | Miami Beach |
| PRICE HISTORY | |
| Prior to Jan 30, '26 | $399,000 |
|---|---|
| Jan 30, '26 - Mar 10, '26 | $385,000 |
| Mar 10, '26 - Today | $359,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Maintenance Structure, Sewer, Trash, Water |
| APPLIANCES | Electric Range, Refrigerator, Washer |
| AREA | 10 |
| CONSTRUCTION | BLOCK, Brick |
| HEAT | CENTRAL |
| HOA DUES | 650 |
| LOT | 0 |
| PARKING | None |
| STORIES | 3 |
| STYLE | None |
| SUBDIVISION | PENN PLAZA CONDO |
| TAXES | 4270 |
| VIEW DESCRIPTION | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Rise Realty
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