Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 760 sq ft
Active · Condominium
$334,000
1027 Pennsylvania Ave 206, Miami Beach, FL 33139
- Beds
- 2
- Baths
- 2
- Living area
- 760 sq ft
- $ / sq ft
- $439/sq ft
- Year built
- 1925
- Lot size
- —
- HOA fee
- $638
- Annual tax
- —
About this property
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.
Property location
Get Directions1027 Pennsylvania Ave 206, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1925
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $638
- County
- Miami-Dade
- MLS listing ID
- A11964830
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$887
- Cap rate
- 2.5%
- Net yield
- 2.5%
- Cash-on-cash return
- -11.4%
- Gross yield
- 8.2%
- Mortgage payment
- $1,583/mo
- Down payment
- $83,500
- Loan amount
- $250,500
- Annual NOI
- $8,360
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.