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1255 Pennsylvania Ave # 307, Miami Beach FL 33139

Condo/Co-op For Sale
$299,900

BTC: 3.74875000

ETH: 124.95833333

New
2 bds
1 ba
680 sqft

Overview

TOP-FLOOR 2BR IN THE HEART OF SOUTH BEACH **GREAT FOR END USERS OR INVESTMENT!** Bright and updated 2BR/1BA residence in the charming Roosevelt Art Deco building, offering nearly 700 SF of comfortable living space with central A/C, in-unit washer/dryer, elevator access, and plenty of natural light. Located on the top floor with no neighbors above. Currently occupied by an excellent tenant, making this an attractive opportunity for an investor looking for immediate rental income. The building features a new roof and is ideally located in the heart of South Beach — just a few blocks from the beach and close to Lincoln Road, Flamingo Park, restaurants, shopping, and everything Miami Beach has to offer. A rare opportunity to own a true 2-bedroom in South Beach under $300K with a strong combination of location, lifestyle, and rental potential!

Location

Details

Type:
Residential
Parking:
On Street
Year Built:
1925
Lot:
No Data
Heating:
Central
Price/sqft:
$441
Cooling:
Central Air
HOA:
$950

Valuation

Our model vs. what's actually selling nearby.
Estimate
$299,000
$203K – $495K
Confidence Low
List vs. estimate
At estimate
List $299,900 · +0.3%
List is in line with recent comparable activity.
Price per sq ft
$441
-26.8% vs. city median $602
Based on
158 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $245K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,898
2025
HOA
$950/mo
View
Garden View, Other View
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Parking

    • On Street

    Property

    • Exterior Features: East Of Us1 / Other

    Other Property Information

    • Parcel Number: 02-42-03-186-0240

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $950

    • HOA Frequency: Monthly

    • Annual tax amount: $4,898

  • Source details

    • MLS ID: A12076324

    Other facts

    • Construction Materials: Frame With Stucco

    • Living Area: 680

    • Subdivision Name: THE ROOSEVELT CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: South Florida Investments