Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

1228 Pennsylvania Ave # 7
Miami Beach, FL, 33139
$330,000
2 Beds
1 Baths
700 SqFt
0 Acres
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MLS #A11989126 image #0
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.

Property Details

Price:
$330,000
MLS #:
A11989126
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
PENN CONDO
Neighborhood:
penncondo
Listed Date:
Mar 25, 2026
Finished Sq Ft:
700
Year Built:
1961
Penn CondoPenncondoPenn CondoNautilusMiami BeachOther ViewOk To Lease

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Schools

Middle School:
Nautilus
High School:
Miami Beach

Interior

Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air, Electric
Flooring
Vinyl
Heating
Central, Electric
Interior Features
First Floor Entry

Exterior

Association Amenities
Laundry
Construction Materials
CBS Construction
Covered Spaces
1
Exterior Features
Other, Open Balcony
Fencing
Fenced
Garage Spaces
1
Parking Features
Assigned
Patio And Porch Features
Open Balcony, Patio
Security Features
Other
View
Other View

Financial

HOA Fee
$560
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$3,512

Map

Community

Subdivisions in Miami Beach

Market Summary

Current real estate data for Condo in Miami Beach as of Jun 16, 2026
1,884
Condo Listed
192
Avg DOM
995
Avg $ / SqFt
$1,590,626
Avg List Price

Property Summary

    Located in the PENN CONDO subdivision, 1228 Pennsylvania Ave # 7 Miami Beach FL is a Condo for sale in Miami Beach, FL, 33139. It is listed for $330,000 and features 2 beds, 1 baths, and has approximately 700 square feet of living space, and was originally constructed in 1961. The current price per square foot is $471. The average price per square foot for Condo listings in Miami Beach is $995. The average listing price for Condo in Miami Beach is $1,590,626. To schedule a showing of MLS#a11989126 at 1228 Pennsylvania Ave # 7 in Miami Beach, FL, contact your Julien Drieu agent at 7862380927.

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