Atlantic Luxury Advisors
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51 photos

1027 Pennsylvania Ave #206

Miami Beach, FL 33139

$339,000
2
2
760 sq ft
1925
Condominium
$638/mo
219
Active

Listing courtesy of Douglas Elliman (David Nguah). Contact: [email protected].

About this home

Beautifully updated 2-bedroom condo in the center of South Beach. This bright and airy residence showcases an open floor plan with large windows that flood the space with natural light. Nestled on a quiet, tree-lined street in the historic Flamingo Park neighborhood, you’re just minutes from the beach, Lincoln Road, Española Way, Ocean Drive, and Flamingo Park’s tennis courts, pool, and running track. Located in a secure, well-maintained boutique building, this home offers the ideal combination of character and convenience. Perfect as a primary residence, vacation retreat, or turnkey investment in a high-demand rental market. No upcoming or pending assessments.

What it costs to own
Estimated monthly payment
$3,019/mo
Principal and interest
$1,714
Property tax
$459
Homeowners insurance
$208
HOA
$638

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.

Florida cost of ownership
Estimated property tax
$5,509/yr

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.

HOA
$638/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

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.

Location

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.