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$295,000

1420 Pennsylvania Ave #403, Miami Beach, FL 33139

Bedrooms
1
Baths
1
Living area
685 ft²
Price per ft²
$431 / ft²
Type
Condo
Year built
1965
HOA
$768 / mo HOA
On market
39 days on market
MLS #
A12089631

Rarely available TOP-FLOOR CORNER PENTHOUSE in the heart of South Beach. Residence 403 at 1420 Pennsylvania is an absolute cut above; brilliantly illuminated by natural light from windows on three sides and offering the privacy and serenity only a coveted top-floor corner position can deliver. Impact windows and doors throughout, central A/C, a beautiful private balcony and a stylish bathroom wrapped in floor-to-ceiling tile lend an air of contemporary vibrancy. The exceptionally charming boutique building features secured fob entry, an elegant lobby, whimsical courtyard, assigned gated and covered garage parking, bike storage, common laundry and a pet-friendly atmosphere. The location is phenomenal - 1 block from Española Way, 2 blocks from Flamingo Park, 3 blocks from Lincoln Road and just 4 blocks from the ocean, placing the very best of South Beach at your fingertips while remaining perfectly set back from the action. Professionally managed with striking curb appeal, a brand-new roof, full reserves and completed SIRS. A rare combination of Penthouse privacy, abundant natural light, incredible charm, assigned parking and extraordinary walkability. Call today for a private showing.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $431. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 29% below the median.
  • Position in the area’s price distributionThe asking price is $295,000; the median of recorded sales in the area is $590,000 (2,281 sales). On raw price that is 50% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $768 per month comes to $9,216 a year — 3.1% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$88,500
Term

7.32% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 22, 2026.

Estimated monthly payment$1,419
Loan amount
$206,500
Total interest over the term
$304,164
Total repaid
$510,664

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Howard Chase Real Estate, LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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