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For sale by owner
  • $160,000

    1060 Pennsylvania Ave APT 16, Miami Beach, FL 33139

    1beds
    400sqft
    : 
    $1,448/mo
    Get pre-qualified
    Apartment
    Built in 1962
    -- sqft lot
    $132,600 Zestimate®
    $400/sqft
    $300/mo HOA

    What's special

    Mirrored walls throughoutStainless steel appliances
    Investors only as unit is rented out. Purchaser must be approved by the co-op committee. .Building has new roof, structural/electrical and fresh new 50 year certification from the city of Miami Beach. Unit has stainless steel appliances and mirrored walls throughout… As such the unit looks much bigger and newer. The unit is one of few with a front deck and a back sun deck off of the kitchen. With a new certification and waterproof finishings and rented with a net ROI of 7.5% it is offered at $160,000.
    What the owner loves about this home
    New 50 year certified. High ROI. Coop building & quality-tenant occupied—a superior investment within steps of the Beach.
    7 hours
    |
    76
    |
    1
    |
    Listed by:

    Property Owner (305) 630-3605

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Cooling
      • Other, Wall
      Appliances
      • Included: Range / Oven, Refrigerator
      Features
      • Flooring: Tile
      Interior area
      • Total interior livable area: 400 sqft

      Property

      Parking
      • Parking features: On-street
      Features
      • Exterior features: Stucco
      Details
      • Parcel number: 0242030840160

      Construction

      Type & style
      • Home type: Apartment
      Materials
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1962

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $300 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $400/sqft
      • Tax assessed value: $108,889
      • Annual tax amount: $2,043
      • Date on market: 8/3/2026

        Estimated market value

        $132,600

        $117,000 - $151,000

        $1,637/mo

        Price history

        DateEventPrice
        8/3/2026Listed for sale$160,000-11.1%$400/sqft
        Source: Owner Report a problem
        6/4/2023Listing removed--
        Source: MIAMI #A11353448 Report a problem
        3/7/2023Listed for sale$180,000-10%$450/sqft
        Source: MIAMI #A11353448 Report a problem
        1/29/2023Listing removed--
        Source: MIAMI #A11295425 Report a problem
        10/31/2022Price change$199,999+0.5%$500/sqft
        Source: MIAMI #A11295425 Report a problem
        10/19/2022Price change$199,000-11.6%$498/sqft
        Source: Owner Report a problem
        9/28/2022Listed for sale$225,000+7.1%$563/sqft
        Source: Owner Report a problem
        9/12/2022Listing removed--
        Source: Owner Report a problem
        9/12/2022Listed for sale$210,000$525/sqft
        Source: Owner Report a problem
        9/12/2022Pending sale$210,000-6.7%$525/sqft
        Source: Owner Report a problem
        8/31/2022Listed for sale$225,000+132%$563/sqft
        Source: Owner Report a problem
        12/17/2018Sold$97,000-11.8%$243/sqft
        Source: MIAMI #A10517636 Report a problem
        10/10/2018Pending sale$110,000$275/sqft
        Source: Beachfront Realty Inc #A10517636 Report a problem
        8/8/2018Listed for sale$110,000+587.5%$275/sqft
        Source: Beachfront Realty Inc #A10517636 Report a problem
        1/1/1987Sold$16,000$40/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,043 -20.1%$108,889 -20%
        2024$2,558 +181.1%$136,111 +52.4%
        2023$910 +6.5%$89,289 +3%
        2022$854 +2.3%$86,689 +3%
        2021$835 -13.2%$84,165 -7%
        2020$962 -36.3%$90,500 +16%
        2019$1,512 -5.1%$78,000 -8%
        2018$1,594 $84,743 +2%
        2017$1,594 0%$83,084 +10%
        2016$1,594 +9.2%$75,531 +10%
        2015$1,460 +11.1%$68,665 +10%
        2014$1,314 +24.4%$62,423 +10%
        2013$1,056 $56,749 +10%
        2012$1,056 -1.1%$51,590
        2011$1,068 +3.2%$51,590 +10%
        2010$1,035 -8.8%$46,900 -15%
        2009$1,135 -31.7%$55,180 -33%
        2007$1,662 -4.5%$82,360
        2006$1,739 --
        2005$1,739 +66.8%--
        2004$1,043 +28.3%--
        2003$813 +10.4%--
        2002$736 --
        2001$736 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        98 / 100
        Walker's Paradise
        55 / 100
        Good Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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