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1231 Penn Condo

1231 Pennsylvania Ave, Miami Beach, FL, 33139
$199K – $250K+
VALUE RANGE
2
FOR SALE

1231 Penn Condo is a condominium in Miami Beach. Residences range from $199K to $250K.

Available Residences at 1231 Penn Condo

1 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
8$250,0001 / 1675$37033

Studios · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
9$199,0000 / 1446$44638
Neighborhood
South Beach

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

2
Active Listings
▲ 0% vs last month
Avg List Price
$225K
Avg Days on Market
36

INVENTORY BY BEDROOM

  • 0 Bed (1) 50%
  • 1 Bed (1) 50%
Building vs. Market
64% discount to Miami Beach
Trades at a 64% discount to the Miami Beach average ($318 vs $881/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

210Aug '25Dec '25Apr '26
2
New Listings
last 3 months
$318
Avg Sale $/SqFt
last 36 months
24
Months of Supply
1
Sold
last 12 months

Market & Community Report

As of July 14, 2026, 1231 Penn Condo carries 2 active listings at an average asking price of $225K, with an average time on market of 36 days. Closed sales over the preceding 36 months averaged $318 per sq ft, and 1 transaction closed in the past 12 months — implying 24 months of supply against the current pace of absorption.

Zip code 33139 (Miami Beach) is home to 34,406 residents with a median age of 42.1. Per-capita income stands at $88,782; 55.4% hold a bachelor's degree or higher. 33.9% of units are owner-occupied; 26.7% of residents work from home.

Data current as of July 14, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — 1231 Penn Condo

How many condos are for sale at 1231 Penn Condo?

As of July 14, 2026, 2 residences are actively listed for sale at 1231 Penn Condo. Current asking prices range from $199K to $250K. Inventory updates daily from the MLS.

How much do condos at 1231 Penn Condo cost?

Condos at 1231 Penn Condo are currently asking from $199K to $250K. Over the past 36 months, closed sales have averaged $318 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at 1231 Penn Condo?

Based on MLS closed sales over the preceding 36 months, the average sale price at 1231 Penn Condo is $318 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is 1231 Penn Condo located?

1231 Penn Condo is located at 1231 Pennsylvania Ave, Miami Beach, FL, 33139, in the South Beach area.

What neighborhood is 1231 Penn Condo in?

1231 Penn Condo is in South Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across South Beach on its neighborhood guide.

What amenities does 1231 Penn Condo offer?

1231 Penn Condo amenities include Exterior Lighting.

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