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First On Penn

1526 Pennsylvania Ave, Miami Beach, FL, 33139
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated November 12, 2026
$199K – $220K+
VALUE RANGE
3
FOR SALE

First On Penn is a condominium in Miami Beach.

Available Residences at First On Penn

1 Bedroom Condos · 4 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
19$220,0001 / 1450$489246
18$199,9001 / 1450$44481
14$199,0001 / 1446$446625
20$199,0001 / 1456$436157
Neighborhood
South Beach

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ANALYTICS

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

CURRENT INVENTORY

3
Active Listings
▲ 0% vs last month
Avg List Price
$206K
Avg Days on Market
161

INVENTORY BY BEDROOM

  • 1 Bed (3) 100%
Building vs. Market
53% discount to Miami Beach
Trades at a 53% discount to the Miami Beach average ($423 vs $894/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

740Dec '25Apr '26Aug '26
0
New Listings
last 3 months
$423
Avg Sale $/SqFt
last 36 months
36
Months of Supply
1
Sold
last 12 months

Market & Community Report

As of November 12, 2026, First On Penn carries 3 active listings at an average asking price of $206K, with an average time on market of 161 days. Closed sales over the preceding 36 months averaged $423 per sq ft, and 1 transaction closed in the past 12 months — implying 36 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 November 12, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — First On Penn

How many condos are for sale at First On Penn?

As of November 12, 2026, 3 residences are actively listed for sale at First On Penn. Current asking prices range from $199K to $220K. Inventory updates daily from the MLS.

How much do condos at First On Penn cost?

Condos at First On Penn are currently asking from $199K to $220K. Over the past 36 months, closed sales have averaged $423 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at First On Penn?

Based on MLS closed sales over the preceding 36 months, the average sale price at First On Penn is $423 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is First On Penn located?

First On Penn is located at 1526 Pennsylvania Ave, Miami Beach, FL, 33139, in the South Beach area.

What neighborhood is First On Penn in?

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

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