2 months on rocket

640 Pennsylvania Ave Unit 11, Miami Beach, FL, 33139

$280,000

Home List Price

$3,325*

Closing Credit

1 Bedroom
1 Full Bath
560 SqFt
$500/SqFt
Condo

Location

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640 Pennsylvania Ave Unit 11, Miami Beach$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space
Year Built1961
HeatingCentral
CoolingCentral Air
ViewOther
MLS #A11652299
StatusActive

About 640 Pennsylvania Ave Unit 11

Discover a rare opportunity to own a unique 1/1 condominium in the vibrant heart of South Beach, just one block from the stunning oceanfront, restaurants and entertainment options. This spacious unit features a modern kitchen equipped with stainless steel appliances and elegant granite countertops. The updated, shiny flooring adds a touch of luxury, and the convenience of an in-unit washer and dryer makes everyday living a breeze. Located on the first floor, this condo offers easy entry with two main entrances, ensuring accessibility for all. Additionally, there is a long-term, reliable tenant currently on a month-to-month lease who is open to staying, making this an ideal investment opportunity for those looking to capitalize on the South Beach market. Schedule your showing today.

Property Details

Property Features

Property Information:

  • Architectural Style: Cluster Home, Spanish/Mediterranean
  • Year Built: 1961
  • Living Area: 560 SqFt

Listing Office:

  • Office Name: JMP International Realty LLC
  • Office Phone: (305) 791-4272
  • Listing Agent: Giselle Bovea

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, Eat-in Kitchen, First Floor Entry, Kitchen/Dining Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Courtyard

Parking Information:

  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 640 Pennsylvania Ave Unit 11
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: use your favorite GPS app

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $500/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

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

640 Pennsylvania Ave Unit 11 vs Miami Beach

74 DAYS ON ROCKET

-27 Days

$280,000

-$324.5K Less

$500/SqFt

-$101 Less

KEY TAKEAWAY

This property is $324.5K less than the Median Sold Price and $101/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: #A11652299

Listing Office:

  • Office Name: JMP International Realty LLC
  • Office Phone: (305) 791-4272
  • Listing Agent: Giselle Bovea

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: 11/17/2024, 8:20:48 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.

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$1,965

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-595436
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-595437
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-595438
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 2.58 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 $29,936. Most Miami Beach, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 640 Pennsylvania Ave Unit 11

What is the listing price of this property?

The listing price of 640 Pennsylvania Ave Unit 11 property is $280,000.

What type of property is this?

The property 640 Pennsylvania Ave Unit 11 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 640 Pennsylvania Ave Unit 11 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 640 Pennsylvania Ave Unit 11 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 640 Pennsylvania Ave Unit 11 is 560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 640 Pennsylvania Ave Unit 11 is 1961.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›640 Pennsylvania Ave Unit 11

This home is located at 640 Pennsylvania Ave Unit 11 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 560 square foot home was built in 1961. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $280,000.

Miami Beach, FL housing market in October 2024 saw over 6 listings sold above listed price, more than 9 sold at listed price and over 77 sold below. The inventory of homes for sale in Miami Beach, FL between September 2024 and October 2024 increased by 15.1%. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $604,583.

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

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