1245 Pennsylvania Ave #8, Miami Beach, FL, 33139 - Condo for sale. Photo #1

1245 Pennsylvania Ave #8 Miami Beach, Florida 33139

0
1
394 sqft
$505/sqft
$199,000
Est. Mortgage
Good Deal
$116,000 below similar properties nearby
This property appreciated 13% from last year
Likely to sell faster than similar properties nearby
1245 Pennsylvania Ave #8 Miami Beach, Florida 33139
$199,000
Est. Mortgage
Beds0
Baths1
Sqft394
$ / sqft$505
Cashback$498
If You Buy With Ofirio
Beds0
Baths1
Year built1973
Garage & ParkingYes Spaces
Property typeCondo
Living area, Sqft394
Price per Sqft$505.08
Insurance/mo$75
HOA Fees$486
Property Taxes/mo$193
Construction typeBlock
Heating-
CoolingCeiling Fan(s), Wall/Window Unit(s)
FlooringTile, Vinyl
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1245 Pennsylvania Ave #8 Overview

Great Investment Opportunity! Recently renovated studio apartment in the heart of South Beach.Condo features stainless steel appliances, granite countertops, new luxury vinyl plank floors, HUGE walk-in closet, and small private balcony.Short walk to the beach, Ocean Drive, Flamingo Park & Espanola Way.Also included are on-site laundry facilities and an assigned covered & gated parking space -RARE FIND!- Pets OK.Rented until Oct 31st, 2023 @ $1,650/month.No short-term leasing.

Property Location

Listing

Listing Information

  • Originating MLS:SEFMIAMI
  • Listing Office:Sanmo Realty, Inc
  • MLS Number:A11345403
  • Association Fee:486
  • Listing Agent Full Name:Daniel Giannuzzi
  • Listing Agent Email:[email protected]
  • Source:Miami Association of REALTORS

Other Property Info

  • Annual Tax Amount:2316
  • Source Listing Status:Active Under Contract
  • County:Miami-Dade County
  • Source Property Type:Residential
  • Area:394
  • Postal Code Plus 4:4032
  • Subdivision:PENN-TWELVE CONDO
  • Property Subtype:Condominium

Building and Construction

  • Total Square Feet Living:394
  • Year Built:1973
  • Construction Materials:Block
  • Property Age:50

Exterior

Garage and Parking

  • Parking Features:Assigned, Covered, One Space

Interior

Bathrooms

  • Total Bathrooms:1
  • Full Bathrooms:1

Appliances

  • Appliances:Electric Range, Electric Water Heater, Microwave, Refrigerator

Interior Features

  • Interior Features:Walk-In Closet(s)
  • Flooring:Tile, Vinyl

Heating and Cooling

  • Cooling Features:Ceiling Fan(s), Wall/Window Unit(s)

Features

Laundry Features

  • Laundry:Common Area

Community

Homeowners Association

  • Association Fee Includes:Maintenance Grounds, Maintenance Structure, Parking, Trash, Water
  • Pets Allowed:Size Limit, Yes
  • Senior Community:False
  • Calculated Total Monthly Association Fees:486
  • Restrictions:Limited Number Vehicles,No RV,No Truck,OK To Lease

Amenities and Community Features

  • Association Amenities:Laundry

Legal and finance

  • HOA Frequency:Monthly
  • HOA fee:486

Market Overview Condo & Apts., 33139

Property Overview

$116,000 below similar properties nearby
This property appreciated 13% from last year
Likely to sell faster than similar properties nearby

33139 Overview for 2023

Appreciation Rate
2.31%
Median Sale Price
$399,000
-2%
Average Price per Sqft
$749.83
3%
Months of supply
2 months
Days on market
Above 90 days
Homes Sold
362
-54%
New listings
726
-19%
Homes for sale
2,530
26%

Property History

Mar 07, 2023Price Changed$199,000-$21,000
Feb 19, 2023Listed$220,000-
Nov 01, 2022Rented$1,650-
Oct 12, 2022Listed for rent$1,600-
Aug 01, 2021Rented$1,300-
Jun 09, 2021Listed for rent$1,300-
Jul 01, 2020Rented$1,160-
Apr 17, 2020Listed for rent$1,200-
May 14, 2019Rented$1,200-
Mar 10, 2019Listed for rent$1,300-
Jul 07, 2017Sold$144,000-
Jan 05, 2017Listed$169,000-
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1245 Pennsylvania Ave #8