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Sold for $475,000
  • $475,000

    1605 Pennsylvania Ave APT 501, Miami Beach, FL 33139

    2beds
    990sqft
    Condominium
    Built in 1981
    -- sqft lot
    $458,900 Zestimate®
    $480/sqft
    $3,170 Estimated rent

    Home value

    $458,900

    $399,000 - $528,000

    $3,170/mo

    Zestimate® history
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    What's special

    Breathtaking sunset viewsIn-unit washer and dryerOpen-concept designAssigned parking space
    Prime location in the heart of Miami Beach! This spacious, beautifully remodeled unit features an open-concept design and the convenience of an in-unit washer and dryer. Just steps away from Lincoln Road and the beach, it offers the ultimate South Florida lifestyle. Enjoy breathtaking sunset views from your home, along with the convenience of an assigned parking space. Situated in a secured, gated building, this property combines style, space, and peace of mind. Don’t miss the chance to live in one of Miami Beach’s most sought-after neighborhoods!

    Zillow last checked:

    Listing updated:

    Listed by:

    Casey Loundy 786-717-4517,

    One Sotheby's International Realty,

    Julissa Duarte 786-246-0749,

    One Sotheby's International Realty

    Bought with:

    Melva Garcia, 3203345

    Compass Florida, LLC

    Source: MIAMI,MLS#: A11703362MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range
    • Laundry: Common Area
    Features
    • Split Bedroom, Walk-In Closet(s)
    • Flooring: Parquet, Tile, Wood
    • Windows: Hurricane Shutters
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 990
    • Total interior livable area: 990 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Space
    • Garage spaces: 1
    Features
    • Exterior features: Exterior Cat Walk
    • Has view: Yes
    • View description: Other, Skyline
    Details
    • Parcel number: 0232340670040

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete Block Construction
    Condition
    • Year built: 1981

    Utilities & green energy

    • Electric: Circuit Breakers

    Community & HOA

    Community
    • Security: Complex Fenced, Elevator Secure, Secured Garage/Parking
    • Application fee: $100
    • Pet fee: $0
    • Subdivision: Penn Star Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Other
    • HOA fee: $623 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $480/sqft
    • Tax assessed value: $319,000
    • Annual tax amount: $4,970
    • Date on market: 12/3/2024
    • Listing terms: All Cash

    Price history

    DateEventPrice
    1/31/2025Sold$475,000-4.8%$480/sqft
    Source: MIAMI #A11703362 Report a problem
    1/2/2025Contingent$499,000$504/sqft
    Source: MIAMI #A11703362 Report a problem
    12/3/2024Listed for sale$499,000+1.8%$504/sqft
    Source: MIAMI #A11703362 Report a problem
    12/28/2021Listing removed--
    Source: MIAMI #A11039916 Report a problem
    5/11/2021Listed for sale$490,000+127.9%$495/sqft
    Source: MIAMI #A11039916 Report a problem
    11/17/2020Listing removed$3,000$3/sqft
    Source: ONE Sotheby's International Re #A10938002 Report a problem
    10/7/2020Listed for rent$3,000$3/sqft
    Source: ONE Sotheby's International Re #A10938002 Report a problem
    2/25/2020Sold$215,000-17%$217/sqft
    Source: MIAMI #A10782852 Report a problem
    1/7/2020Pending sale$259,000$262/sqft
    Source: BrokerNation Real Estate #A10782852 Report a problem
    10/21/2019Price change$259,000-3.7%$262/sqft
    Source: BrokerNation Real Estate #A10643121 Report a problem
    9/19/2019Price change$269,000-10%$272/sqft
    Source: BrokerNation Real Estate #A10643121 Report a problem
    8/17/2019Price change$299,000-2%$302/sqft
    Source: BrokerNation Real Estate #A10643121 Report a problem
    5/17/2019Price change$305,000-1.6%$308/sqft
    Source: BrokerNation Real Estate #A10643121 Report a problem
    3/22/2019Listed for sale$310,000$313/sqft
    Source: BrokerNation Real Estate #A10643121 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,250 +5.6%$258,413 +10%
    2024$4,970 +4.8%$234,921 +10%
    2023$4,742 +10.8%$213,565 +10%
    2022$4,280 +25.6%$194,150 +10%
    2021$3,408 -15.2%$176,500 -15%
    2020$4,021 -25.1%$207,700 -25%
    2019$5,366 -1.1%$276,900 -4%
    2018$5,424 $288,442
    2017$5,424 -1.3%$288,442
    2016$5,493 +422.2%$288,442 +206.9%
    2015$1,052 -1.5%$93,988 +0.8%
    2014$1,068 +4.1%$93,243 +1.5%
    2013$1,026 $91,866 +1.7%
    2012$1,026 +4.6%$90,331 +3%
    2011$980 -2.9%$87,700 +1.5%
    2010$1,010 +11.9%$86,404 +2.7%
    2009$902 -21%$84,133 +48.6%
    2007$1,142 -10.1%$56,601
    2006$1,270 --
    2005$1,270 +2.5%--
    2004$1,238 +5.3%--
    2003$1,176 +4.8%--
    2002$1,122 --
    2001$1,122 --
    Find assessor info on the county website

    Neighborhood: Flamingo Lummus

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $458,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $458,900