+2 more
$199K
1211 Pennsylvania Condo Unit B1
1211 Pennsylvania Ave, Unit B1 • Miami Beach, FL 33139
About This Unit
Charming 1 bedroom in the heart of South Beach on Pennsylvania Ave. Located in the gated Beverly Condominium, this true pied-à-terre features original wood floors, great closet space, and a spacious kitchen. The unit needs rehab but has tons of potential. Secure entry system, cute communal courtyard, and a prime location in a classic Art Deco building — perfect for your ideal beach retreat or investment.
Pricing at 1211 Pennsylvania Condo — $442/sqft
1211 Pennsylvania Condo Unit B1 is listed at $442/sqft.
1211 Pennsylvania Condo Unit B1 vs Active Listings at 1211 Pennsylvania Condo: This condo is -4.5% lower ($21/less per sqft) than the building's active 1BR median of $463/sqft, based on 2 active 1BRs.
Based on live MIAMIRE active & closed listings at 1211 Pennsylvania Condo.
Time on Market — 119 days
1211 Pennsylvania Condo Unit B1 has been on the market for 119 days.
This unit's 119 days on the market is 5 days longer than the active 1BR median of 114 days (+4.4%).
Estimated Monthly Cost
Mortgage (P&I)
$1,081
HOA
$548
Property Tax
$272
Total / mo
$1,901
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.64%.
HOA $1.22/sqft · All-in $4.22/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at 1211 Pennsylvania Condo.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 1BR Comps at 1211 Pennsylvania Condo
UnitListSqft$/sqftDOM
#E2
$218,000
450
$484
109
#B1
$199,000
450
$442
119
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
Insider Notes from Ricky
- 1211 Pennsylvania Condo is a 2-story low-rise at 1211 Pennsylvania Ave, Miami Beach, FL 33139, built 1994. Currently 2 active listings on the market, with active asking prices ranging up to $218K.
- Neighborhood: Miami Beach. Miami Beach is three distinct neighborhoods: South Beach (Ocean Drive, Lincoln Road, Art Deco, walking-everywhere), Mid-Beach (Faena, Edition -- quieter money), and North Beach (newer ultra-luxury construction without South Beach baggage). Per-square-foot variance between them is enormous.
- Buyer profile here: Mix of primary residents (especially South Beach south of Fifth and Mid-Beach Faena District), second-home buyers, and condo-hotel investors.
- Built 1994 (now 32 years old) -- past Florida's 25-year structural recertification trigger.
- Value-tier inventory with active asking prices up to $218K.
- At 2 stories, 1211 Pennsylvania Condo is low-rise scale -- fewer total units typically means a more intimate building feel.
- Compared anchor: Compared to Sunny Isles (oceanfront tower wall), Miami Beach has more architectural diversity, more restaurants per block, and the South of Fifth and Faena Districts give some sub-areas resort-grade amenity stacks.
- Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
- Pre-offer diligence: Older South Beach inventory hits Florida's 25-year structural recertification triggers; reserve study and assessment history are critical pre-offer items on pre-2000 buildings.
- Ricky has worked the Miami Beach market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1994 (32 years old) — approaching Florida's 30-year recertification trigger.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Oct 2001 for $50,000 — held 25 years. They’re now asking $199,000 — +298.0% (+$149,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Oct 2001 | $50,000 | arm’s-length |
| Jun 1996 | $55,000 | arm’s-length |
Source: Miami-Dade Property Appraiser. County living area: 450 sqft.
Building: 1211 Pennsylvania Condo
Unit: B1
Year Built: 1994
Stories: 3
City: Miami Beach
Postal Code: 33139
HOA Fee: $548 / Monthly
View: None
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 119
Listed: December 31, 2025
MLS #: A12009754
Location
Listing courtesy of: Higgins Homes Realty Group
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A12009754
• Updated Apr 29, 2026
