Penn Eleven Co-Op
Homes for Sale in Miami Beach, FL
All 1,609 homes for sale in Miami Beach, FL · median $540,000 · 908 homes for sale in 33139 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of October 2026, Penn Eleven Co-Op in Miami Beach, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $165,000, $395 per square foot, a median 25 days on market, sellers accepting 94% of original asking (+19% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $2,900 ($2,190 with the full homestead exemption).
| Location | Miami Beach, Miami-Dade County, FL · ZIP 33139 |
|---|---|
| Sale prices, last 12 months | $165,000 median across 3 closed sales · $395 per sq ft · +18.7% vs the prior 12 months |
| Days on market (closed sales) | 25 median |
| For sale right now | 1 active, 0 pending · median asking $185,000 |
Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “PENN ELEVEN CO-OP key facts,” movewithmomentum.com/neighborhoods/penn-eleven-co-op, data as of September 20, 2026.
Last 30 days in Penn Eleven Co-Op: 1 new listing (median asking $185,000). As of September 23, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.
PENN ELEVEN CO-OP trades at a median of $144,500, with price per square foot running at $348.68 — a combination that tells you units here are compact. The co-op structure itself is the other variable buyers need to factor in: ownership and financing here work differently than a standard condo or single-family purchase, and that shapes both the buyer pool and how quickly a contract can close.
With only four closings in the current window, this is a thin dataset — read the median as directional, not a settled price curve. A median 19 days on market suggests listings that are priced correctly move fast, but with so few transactions, one unusual sale can swing the numbers materially in either direction.
Penn Eleven Co-Op right now
🟢 Still climbing. The trailing-12-month median ($165K) is up 18.7% from the prior 12 months ($139K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 20. Confidence: Low (3 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Penn Eleven Co-Op market snapshot (as of September 20, 2026): the median sale price is about $165K ($395 per sq ft over the trailing 12 months of closed sales), and a median 25 days on market for closed sales. The trailing-12-month median is up 19% from the prior 12 months, computed from record-level MIAMI MLS closed sales (3 closings in the current window).
In ZIP 33139 (Miami Beach), 697 homes closed in the last 12 months at a median of $800K ($765/sq ft), up 2.1% year over year, with a median 95 days on market. Right now 495 active and 79 pending listings — a buyer's market. See the live ZIP 33139 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 9 homes in PENN ELEVEN CO-OP that have changed hands since 2018, built between 1962 and 1962 (median 1962), with a median living area of about 380 sq ft and a typical 1-bedroom, 1-bath layout. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
PENN ELEVEN CO-OP is a cooperative ownership building in Miami-Dade County, a structure that carries its own approval and financing process distinct from condo or fee-simple purchases in the surrounding market.
Who Penn Eleven Co-Op is best for.
Best for
- A buyer seeking a lower-priced entry point who is comfortable navigating co-op approval and financing steps.
- Someone prioritizing a compact unit and location over building amenities.
- A buyer or seller who wants a quick, well-priced transaction and is prepared for a thin comparable-sales environment.
Probably not for
- A buyer who wants the more standard financing and title process of a condo or fee-simple home.
- Someone who expects on-site amenities like a pool, gym, or clubhouse.
- A buyer relying heavily on recent comparable sales data to guide an offer, given how few transactions the market has seen.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($165K) IS the median in the snapshot above, and the move from 2025 ($139K) IS the +18.7% one-year change.
Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
14% of homes for sale in ZIP 33139 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-21).
Penn Eleven Co-Op Market Scorecard
Penn Eleven Co-Op is currently a balanced market., a median asking price of $185,000, and homes go under contract in about 0 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Penn Eleven Co-Op
Live MLS inventory for Penn Eleven Co-Op. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Penn Eleven Co-Op listings as of 2026-09-23, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.
Every Home for Sale in Penn Eleven Co Op Right Now (1)
All 1 active and pending Penn Eleven Co Op listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1050 Pennsylvania Ave 12-A · $185,000 · 1 ba · listed Sep 11, 2026 · listed by NTD 1ST Class Realty Miami
The Penn Eleven Co-Op buying strategy.
If we were buying in Penn Eleven Co-Op today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Penn Eleven Co-Op.
What the numbers can — and can't — tell you
A median price of $144,500 and a per-square-foot figure of $348.68 point to a small-footprint building where unit size, not upgrades or amenities, likely drives most of the price variation between listings. No community amenities are identified in current MLS listings, which means whatever draws a buyer here is probably the unit and the location itself, not a shared pool or fitness room.
The median 19-day time on market is a useful signal on its own, but stacked against a closings window of just four sales, it's not enough to call a trend. Buyers and sellers here should treat every comparable sale as an individual case rather than assume the building moves in a predictable pattern.
The location and the amenities are priced into every listing in Penn Eleven Co-Op. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Co-op transactions carry procedural steps — board approval, financing restrictions, bylaws — that don't show up in a standard MLS listing. We walk buyers and sellers through what's specific to this structure before they're deep into a contract, and with a market this thin on closings, we pull every available comparable rather than relying on a single data point.
Penn Eleven Co-Op in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $423/month (about $5,076/yr) · median of 3 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $423 per month ($5,076 a year) — the median AssociationFee across 3 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Penn Eleven Co-Op buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Penn Eleven Co-Op sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Penn Eleven Co-Op, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Penn Eleven Co-Op home worth?
Get a no-obligation home value based on real comparable sales in Penn Eleven Co-Op, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Penn Eleven Co-Op?
How long do homes in Penn Eleven Co-Op take to sell?
Who is the best real estate agent for Penn Eleven Co-Op?
How do I find a top Miami Beach real estate agent who knows Penn Eleven Co-Op?
Can Momentum Realty connect me with an agent for Penn Eleven Co-Op?
Where is Penn Eleven Co-Op, and what county is it in?
Should you buy in Penn Eleven Co-Op?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 23, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2018 (17 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how PENN ELEVEN CO-OP fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Penn Eleven Co-Op
- Home values · What homes in Penn Eleven Co-Op actually sell for
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