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1228 Pennsylvania Ave # 3, Miami Beach FL 33139 — photo 11 / 15
20.0% reduced

1228 Pennsylvania Ave # 3, Miami Beach FL 33139

Miami Beach, FL

List Price

$180,000

Type

Condo / Townhome

Bathrooms

1

Price / SqFt

$450/sqft

Price reduction

20% below original list — was $225,000

Property Information

Square Feet
400
Units
1
Days on Market
640
Status
active

Location

County
Miami-Dade County
Zip Code
33139
Coordinates
25.7834, -80.1343

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

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Property: 1228 Pennsylvania Ave # 3, Miami Beach FL 33139

Price: $180,000

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Why this deal

  • 20% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

55/100

Fair

How this
is scored →
Discount depth40%

20.0% off original list (full marks at 25%+).

Days on market20%

640 days on market (full marks at 120+ — more time = more leverage).

$/sqft vs area median25%

$450/sqft vs area median $335/sqft. Lower can mean value — or lower condition/location. Verify.

Seller-motivation signals15%

No explicit distress language in the public remarks.

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.

Deal calculator

Value-add deal calculator

1228 Pennsylvania Ave # 3, Miami Beach FL 33139, Miami Beach, FL

Recommended max offer

$141,500

Spread vs list (room below list)

$38,500

70% rule MAO

$141,500

Margin-based MAO

$164,000

Est. all-in basis

$157,500

Projected profit

$67,500

Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.

One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.