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PENN PLAZA CONDO · · MLS A11964830
Listed by Douglas Elliman · info@miamisrealestate.com
Beautifully updated 2-bedroom condo in the center of South Beach. This bright and airy residence showcases an open floor plan with large windows that flood the space with natural light. Nestled on a quiet, tree-lined street in the historic Flamingo Park neighborhood, you’re just minutes from the beach, Lincoln Road, Española Way, Ocean Drive, and Flamingo Park’s tennis courts, pool, and running track.
Located in a secure, well-maintained boutique building, this home offers the ideal combination of character and convenience. Perfect as a primary residence, vacation retreat, or turnkey investment in a high-demand rental market. No upcoming or pending assessments.
The propertyAs the MLS records it
$2,824 per month
30-year fixed, 7.32% interest
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.32% for the week of October 22, 2026. Source: Freddie Mac, Primary Mortgage Market Survey ↗
For illustration only: an estimate, not a loan offer or a quote. The tax is the last annual bill the MLS records for this property; in Florida a property is reassessed when it is sold, so a buyer's tax will differ. Insurance is not estimated: it is included only when you enter your own quote. The rate is a national weekly average, not the rate a lender will offer you: change it to the one you are quoted.
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Showings of 1027 Pennsylvania Ave #206, Miami Beach, FL 33139 are by appointment. Send the request here, call or write on WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day to confirm a day and a time.
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| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $377 | 1,497 |
| 2021 | $466 | 3,455 |
| 2022 | $515 | 3,020 |
| 2023 | $535 | 1,922 |
| 2024 | $560 |
Homes of the same kind on the market nearby, the nearest in price first.
LIVE · MLS · AS OF NOV 1, 2026
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1 / 6The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by Douglas Elliman. Julian Acosta is a real estate advisor with Compass.
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.



















































51 PHOTOGRAPHS
SOLD · OCT 9, 2026
SOLD · JUN 10, 2026
SOLD · JUN 10, 2026
SOLD · MAR 19, 2026
SOLD · JUN 5, 2026| 2025 | $561 | 1,504 |
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| 2026 to date | $571 | 1,338 |
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These figures are the market's closed sales as the MLS records them: this building's for a unit, a gated community's for a home inside one, and otherwise the sales of this kind of property in the home's market — for a home at $2,000,000 or more, only that market's sales from that price up. Which of these it is, is said above the figures. No snapshot is drawn from fewer than 5 sales of the last twelve months, and a median price per SF is stated only from 3 sales that state a living area. They are not sales by Julian Acosta, they are not an appraisal, and they say nothing of this home's price.
These are the public schools whose attendance zone holds this listing's location, as Miami-Dade County publishes the zones. A zone is not a guarantee of enrollment, the district can change it, and a listing's point on the map can sit a few meters from its lot: confirm the school with Miami-Dade County Public Schools before you rely on it. Distances are straight lines. The page states no rating of any school.
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