11 months on rocket

Backup Offers

1358 Pennsylvania Ave Unit 307, Miami Beach, FL, 33139

$117,000

Home List Price

$1,389*

Closing Credit

1 Full Bath
526 SqFt
$222/SqFt
Condo

Location

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1358 Pennsylvania Ave Unit 307, Miami Beach$117,000

Buyer Closing Credits

$1,389*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther
Year Built1925
HeatingElectric
CoolingCentral Air
ViewGarden, Other
MLS #A11517601
StatusAccepting Backup Offers
(Active Under Contract)

About 1358 Pennsylvania Ave Unit 307

Short sale. Buyer must accept with open permit for flooring in place and some minor city violations. All inspections and due diligence in advance. Studio penthouse, corner unit with eastern exposure. Walk to the beach, Lincoln Road or park. This Art Deco building is in the very heart of South Beach. Property has not been renovated but it was begun. Marble flooring was purchased but not installed. Lender will pay any outstanding condo or city liens. ARV rent estimate apprx. $2500. Short sale processing fee of $4,995 paid by buyer at closing.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 526 SqFt

Listing Office:

  • Office Name: Keller Williams Eagle Realty
  • Office Phone: (305) 757-1700
  • Listing Agent: Michael Marks

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Marble
  • Interior: Eat-in Kitchen, First Floor Entry, Separate Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: Garden, Other
  • Exterior: Courtyard, Fence

Parking Information:

  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 1358 Pennsylvania Ave Unit 307
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Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $117,000
  • Price Per SqFt: $222/SqFt

HOA Fees:

  • Amount: $500
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

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Miami Beach, FL

City

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

1358 Pennsylvania Ave Unit 307 vs Miami Beach

334 DAYS ON ROCKET

+237 Days

$117,000

-$500.5K Less

$222/SqFt

-$383 Less

KEY TAKEAWAY

This property is $500.5K less than the Median Sold Price and $383/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11517601

Listing Office:

  • Office Name: Keller Williams Eagle Realty
  • Office Phone: (305) 757-1700
  • Listing Agent: Michael Marks

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,151

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$417

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-56945
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.13 miles

  • Public District Grades PK-5

school-card-donut-56946
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-56947
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 2.01 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,130. Most Miami Beach, FL residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1358 Pennsylvania Ave Unit 307

What is the listing price of this property?

The listing price of 1358 Pennsylvania Ave Unit 307 property is $117,000.

What type of property is this?

The property 1358 Pennsylvania Ave Unit 307 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Accepting Backup Offers: 1358 Pennsylvania Ave Unit 307 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 1358 Pennsylvania Ave Unit 307 has 1 bathroom..

What is the square footage of this property?

The property 1358 Pennsylvania Ave Unit 307 is 526 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1358 Pennsylvania Ave Unit 307 is 1925.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›1358 Pennsylvania Ave Unit 307

This home is located at 1358 Pennsylvania Ave Unit 307 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 526 square foot home was built in 1925. Features: 1 bathroom. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $117,000.

Miami Beach, FL housing market in November 2024 saw over 2 listings sold above listed price, more than 6 sold at listed price and over 65 sold below. The number of homes for sale in Miami Beach, FL increased by 14.3% between October 2024 and November 2024. In November 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $617,500.

From Rocket Homes Real Estate and based on county public records data.

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