$240,000

1244 Pennsylvania Ave #101, Miami Beach, FL 33139

Bedrooms
1
Baths
1
Living area
470 ft²
Price per ft²
$511 / ft²
Type
Condo
Year built
1925
HOA
$380 / mo HOA
On market
14 days on market
MLS #
A12085321

Welcome to 1244 Pennsylvania Ave, Apt. 101 — a charming 1-bedroom, 1-bathroom residence ideally located in the heart of Miami Beach’s vibrant Flamingo/Lummus neighborhood. This bright and inviting condo offers approximately 470 sq. ft. of comfortable living space with beautiful wood flooring, central A/C, and a functional kitchen. The first-floor location provides convenient access, while the building features a secure entrance and a welcoming lobby. Enjoy an unbeatable South Beach lifestyle just minutes from the beach, Lincoln Road, Española Way, Flamingo Park, restaurants, cafés, shopping, and entertainment. With a highly walkable location, many of Miami Beach’s best attractions are easily accessible without a car.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $511. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 16% below the median.
  • Position in the area’s price distributionThe asking price is $240,000; the median of recorded sales in the area is $586,000 (2,218 sales). On raw price that is 59% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $380 per month comes to $4,560 a year — 1.9% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$72,000
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$1,112
Loan amount
$168,000
Total interest over the term
$232,346
Total repaid
$400,346

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Centennial Realty Group LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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