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730 Pennsylvania Ave # 705, Miami Beach FL 33139

Condo/Co-op For Sale
$349,000

BTC: 4.46577095

ETH: 142.50714577

New
1 bds
1 ba
717 sqft

Overview

Perched on the top floor of Penn Terrace Towers, Unit 705 is a bright and beautifully updated one-bed residence offering elevated South Beach living. The open-concept kitchen features sleek quartz countertops, stainless steel appliances, and a clean, modern design that flows effortlessly into the living space. The 24x24 tile flooring throughout creates a sophisticated, cohesive feel. Step onto the private balcony to enjoy refreshing coastal breezes and partial ocean view. A walk-in closet, updated bathroom, full-size in-unit washer and dryer, and impact glass add comfort and convenience. Located in an exclusively owner-occupied community where leasing is not permitted, Penn Terrace Towers is just moments from the Beachwalk, South Pointe Park and some of Miami Beach's finest dining and entertainment. The building has completed its 50-year recertification and includes a covered garage parking space.

Location

Details

Type:
Residential
Parking:
1 Space / Covered / Guest
Year Built:
1970
Lot:
No Data
Heating:
Central
Price/sqft:
$487
Cooling:
Central Air
HOA:
$590

Valuation

Our model vs. what's actually selling nearby.
Estimate
$319,000
$225K – $523K
Confidence Low
List vs. estimate
$30K above estimate
List $349,000 · +9.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$486
-19.3% vs. city median $603
Based on
824 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $292K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,963
2025
HOA
$590/mo
View
Skyline
Garage
1 car garage
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Gas Range

    • Refrigerator

    • Washer

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Covered

    • Guest

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-117-0650

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $590

    • HOA Frequency: Monthly

    • Annual tax amount: $3,963

  • Source details

    • MLS ID: A12080850

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Complete Impact Glass / Impact Glass / Plantation Shutters

    • Direction Faces: South

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 717

    • Subdivision Name: PENN TERRACE TOWERS CONDO

Private inquiry
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Market around this address

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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: Compass Florida, LLC