Read the full record 3 paragraphs and 10 facts, every figure from the MLS and county record
Penn Terrace Towers is a 7-story mid-rise at 730 Pennsylvania Ave in South Beach, built in 1970. County folio records count 72 residences, averaging 719 SF of living area.
One unit was for sale on November 2, 2026, asking $349K (that is $487/SF). One more was under contract. Four sales closed between November 2, 2025 and November 2, 2026, from $220K to $325K, a median $339/SF, after a median 64 days on the market. The year before saw two closed sales. Across 31 recorded sales since 2020, the best year by median price per square foot was 2023, at $391 over 5 sales. That 12-month median ranks 82nd of the 83 South Beach buildings with at least three sales in the same window. One-bedrooms made up five of the 6 sales in the last 24 months, at a median $278,000.
County records show 64% of residences as owner-occupied, which makes it more of a primary-home building than an investor one.
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
- 730 Pennsylvania Ave, Miami Beach 33139
- Neighborhood
- South Beach
- Year built
- 1970
- Floors
- 7
- Residences (county-verified)
- 72
- Owner-occupied
- 64% of residences
- Avg. unit size
- 719 sq ft
- Total living area
- 51,756 sq ft
- County condo folios
- 72
- Recorded MLS listings
- 32