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730 Pennsylvania Ave #705
Miami Beach, FL 33139
Listing courtesy of Compass Florida, LLC (Audrey Ross). Contact: [email protected].
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.
- Principal and interest
- $1,765
- Property tax
- $475
- Homeowners insurance
- $217
- HOA
- $590
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.