1526 Pennsylvania Ave · Miami Beach, FL 33139 · South Beach

First on Penn

2-story low-rise, completed 1938, 20 residences in South Beach. 4 for sale on Nov 2, 2026.

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

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

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

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

WhatsApp Enrique

At a glance First on Penn (1526 Pennsylvania Ave, South Beach) is a 2-story, 20-unit building completed in 1938. As of Nov 2, 2026, 4 units are for sale and none for rent; the median rent was $1,750 a month over 4 leases in the last 12 months. 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
4
For rent
0
Median rent
$1,750/mo4 leases · 12 mo
Sold
1last 12 months
Built
1938
Floors
2
Residences
20county
Flood zone
AEFEMA
Owner-occupied
15%
Avg. unit
452sq ft

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

On the market at First on Penn.

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 First on Penn.

Activity as of Nov 2, 2026
  • A quiet record. The most recent sale on record closed Jun 1, 2026; 6 sales are on record since 2021.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

First on Penn is a low-rise condominium of two floors at 1526 Pennsylvania Ave in South Beach, built in 1938. County folio records count 20 residences, averaging 452 SF of living area.

Four units were for sale on November 2, 2026, asking $199K to $220K (median ask $467/SF across 4 listings). One more was under contract. One sale closed between November 2, 2025 and November 2, 2026 at $135K, $296/SF.

Four leases were signed over the same 12 months, at a median $1,750 a month (range $1,650 to $2,000).

County records show 15% 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
1526 Pennsylvania Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
1938
Floors
2
Residences (county-verified)
20
Owner-occupied
15% of residences
Avg. unit size
452 sq ft
Total living area
9,031 sq ft
County condo folios
20
Recorded MLS listings
49

The numbers at First on Penn.

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, 2021 to 2026. Count in the tooltip.

$276$551$3792021$4602022$5512024$2962026$276$551$3792021$4602022$5512024$2962026

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$296*3$1,800/mo
2025––5$1,750/mo
20241$551*4$1,990/mo
2023––3$2,150/mo
20223$4606$2,075/mo
20211$379*5$1,300/mo
2020––7$1,250/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 · 33 leases on record since 2021

Closed sales Nov 2, 2024 to Nov 2, 2026 · 1

UnitBDBASFAskedClosed$/SFClose dateDOM
1611456$190,000$135,000$296Jun 1, 202661

Leases signed Nov 2, 2025 to Nov 2, 2026 · 4

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
811450$1,800/mo$1,800/mo$4.00Apr 15, 2026125
411446$2,000/mo$2,000/mo$4.48Feb 1, 202618
2111456$1,700/mo$1,700/mo$3.73Jan 28, 2026204
211456$1,650/mo$1,650/mo$3.62Dec 15, 202595

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 First on Penn.

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 First on Penn

5 more nearby

Smaller buildings close by: Harriet Court (20 m) · Marquesa (210 m) · San Sebastian (220 m) · The Park Vintage (230 m) · 735 (250 m) · The Ibiza (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 First on Penn's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

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

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

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

Or reach me directly

iMessage
Call / Text786-578-6900 Emaileponteojeda@gmail.com