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Penn Plaza Condo

1027 Pennsylvania Ave, Miami Beach, FL, 33139
$329K – $414K+
VALUE RANGE
5
FOR SALE

Penn Plaza Condo is a condominium in Miami Beach. Residences range from $329K to $414K.

Available Residences at Penn Plaza Condo

2 Bedroom Condos · 5 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
103$414,0002 / 2800$518104
302$359,0002 / 2790$454167
102$354,0002 / 2790$44860
206$344,9002 / 2760$454108
203$329,0002 / 1800$41191
Neighborhood
South Beach

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ANALYTICS

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

CURRENT INVENTORY

5
Active Listings
▲ 0% vs last month
Avg List Price
$360K
Avg Days on Market
106

INVENTORY BY BEDROOM

  • 2 Bed (5) 100%
Building vs. Market
61% discount to Miami Beach
Trades at a 61% discount to the Miami Beach average ($340 vs $881/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

740Aug '25Dec '25Apr '26
0
New Listings
last 3 months
$340
Avg Sale $/SqFt
last 36 months
20
Months of Supply
3
Sold
last 12 months

Market & Community Report

As of July 14, 2026, Penn Plaza Condo carries 5 active listings at an average asking price of $360K, with an average time on market of 106 days. Closed sales over the preceding 36 months averaged $340 per sq ft, and 3 transactions closed in the past 12 months — implying 20 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 — Penn Plaza Condo

How many condos are for sale at Penn Plaza Condo?

As of July 14, 2026, 5 residences are actively listed for sale at Penn Plaza Condo. Current asking prices range from $329K to $414K. Inventory updates daily from the MLS.

How much do condos at Penn Plaza Condo cost?

Condos at Penn Plaza Condo are currently asking from $329K to $414K. Over the past 36 months, closed sales have averaged $340 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

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

Based on MLS closed sales over the preceding 36 months, the average sale price at Penn Plaza Condo is $340 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Penn Plaza Condo located?

Penn Plaza Condo is located at 1027 Pennsylvania Ave, Miami Beach, FL, 33139, in the South Beach area.

What neighborhood is Penn Plaza Condo in?

Penn Plaza 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 Penn Plaza Condo offer?

Penn Plaza Condo amenities include Laundry.

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