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1255 Pennsylvania Avenue 307, Miami Beach, FL 33139

New Listing

$299,900

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https://www.propertypanorama.com/instaview/mia/A12076324

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 680 Status: Active

Current Price: $299,900 List Date: 8/24/2026 Last Modified: 8/25/2026

Overview

Description

TOP-FLOOR 2BR IN THE HEART OF SOUTH BEACH **GREAT FOR END USERS OR INVESTMENT!** Bright and updated 2BR/1BA residence in the charming Roosevelt Art Deco building, offering nearly 700 SF of comfortable living space with central A/C, in-unit washer/dryer, elevator access, and plenty of natural light. Located on the top floor with no neighbors above. Currently occupied by an excellent tenant, making this an attractive opportunity for an investor looking for immediate rental income. The building features a new roof and is ideally located in the heart of South Beach — just a few blocks from the beach and close to Lincoln Road, Flamingo Park, restaurants, shopping, and everything Miami Beach has to offer. A rare opportunity to own a true 2-bedroom in South Beach under $300K with a strong combination of location, lifestyle, and rental potential!

Listing Details MLS# A12076324

General Property Information

Unit Floor #: 3
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 680
Living Area Main: 680
Adjusted Area Main: 680
Year Built: 1925
Senior Community YN: No
Stories Total: 3

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Internet; Sewer; Trash; Water Exterior Features: Other Flooring: Tile Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year Parking Features: On Street Property Condition: Resale; Updated/Remodeled Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: Frame; Stucco Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Other Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable; Subject To Tenant Rights Road Frontage Type: East of US-1 Security Features: Security Fence Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions View: Garden; Other Showing Requirements: Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 299900
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1255
Street Name: Pennsylvania
Street Suffix: Avenue
Unit Number: 307
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 4498
Postal Zip: 33139
Subdivision Name: THE ROOSEVELT CONDO
Area: 2320
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
Special Assessment YN: No
Parcel Number: 0242031860240
Subdivision Number: 186
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 937
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 937
Membership Fee Required YN: No
Tax Annual Amount: 4898
Tax Year: 2025
Tax Legal Description: THE ROOSEVELT CONDO UNIT 307 UNDIV 3.18% INT IN COMMON ELEMENTS OFF REC 16254-0560 OR 16382-2996 0594 1 COC 25924-1963 08 2007 5

Status Change Information

Major Change Timestamp: 2026-08-24T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-24

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes
Okay To Lease During First Year: Yes

Leasing Restrictions

Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 181

Price Calculations

Current Price To SqFt: 441.02

Section Details

Parcel Number MLX: 0240

Originating Details

Originating System Key: 559730174
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Bike Storage: Yes
Laundry: Yes
Picnic Area: Yes

Association Fee Includes

Internet: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Exterior Features

Other: Yes

Flooring

Tile: Yes

Parking Features

On Street: Yes

Property Condition

Resale: Yes
Updated/Remodeled: Yes

Possession

Negotiable: Yes
Subject To Tenant Rights: Yes

Special Information

Sold As-Is: Yes

View

Garden: Yes
Other: Yes

Heating

Central: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Frame: Yes
Stucco: Yes

Interior Features

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Frontage Type

East of US-1: Yes

Security Features

Security Fence: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Showing Service: Yes

Master Bedroom/Bath

Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Listing Office: South Florida Investments

Last Updated: August - 25 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

1255 Pennsylvania Avenue 307, Miami Beach, FL 33139 (MLS# A12076324)