1245 Pennsylvania Ave · Miami Beach, FL 33139 · South Beach

Penn-twelve

2-story low-rise, completed 1973, 9 residences in South Beach. 1 for sale and 1 for rent on Nov 2, 2026.

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At a glance Penn-twelve (1245 Pennsylvania Ave, South Beach) is a 2-story, 9-unit building completed in 1973. As of Nov 2, 2026, 1 unit is for sale and 1 is for rent. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
1
For rent
1
Sales on record
6since 2020
Built
1973
Floors
2
Residences
9county
Flood zone
AEFEMA
Owner-occupied
33%
Avg. unit
667sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Penn-twelve.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

The read on Penn-twelve.

Activity as of Nov 2, 2026
  • A quiet record. The most recent sale on record closed Dec 15, 2022; 6 sales are on record since 2020.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Penn-twelve is a low-rise condominium of two floors at 1245 Pennsylvania Ave in South Beach, built in 1973. County folio records count nine residences, averaging 667 SF of living area.

One unit was for sale on November 2, 2026, asking $205K (that is $520/SF). The MLS shows no closed sale here since December 2022.

One unit was offered for rent at $1,600 a month. One lease was signed between November 2, 2025 and November 2, 2026, at $2,600 a month.

County records show 33% of residences as owner-occupied, which points to an investor-heavy ownership base.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
1245 Pennsylvania Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
1973
Floors
2
Residences (county-verified)
9
Owner-occupied
33% of residences
Avg. unit size
667 sq ft
Total living area
6,004 sq ft
County condo folios
9
Recorded MLS listings
15

The numbers at Penn-twelve.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2020 to 2026. Count in the tooltip.

$201$401$2672020$3502021$4012022$201$401$2672020$3502021$4012022

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)––1$2,600/mo*
2025––1$2,750/mo*
2024––1$2,700/mo*
2023––1$1,600/mo*
20223$4012$2,325/mo*
20211$350*1$1,300/mo*
20202$267*1$1,160/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 6 sales · 8 leases on record since 2020

Closed sales

No closed sale in the 24 months to Nov 2, 2026. The most recent on record closed Dec 15, 2022; 6 sales are on record since 2020.

Leases signed Nov 2, 2025 to Nov 2, 2026 · 1

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
921639$2,550/mo$2,600/mo$4.07Apr 1, 202635

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Penn-twelve.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Nearby

Around Penn-twelve

5 more nearby

Smaller buildings close by: The Santa Barbara (130 m) · S & T (150 m) · Euclid Townhouses (200 m) · 1344 Euclid Avenue (230 m) · 1235 Meridian Ave (230 m) · Park Square (280 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Penn-twelve's closed sales and what is listed now. Then we talk it through.

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Looking here?

Get alerts when a unit lists or sells

When a unit at Penn-twelve lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

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Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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