First on Penn
Condos for Sale in Miami Beach, FL

All 1,609 homes for sale in Miami Beach, FL · median $540,000 · 1,583 condos for sale in Miami Beach · 908 homes for sale in 33139 · Miami-Dade County homes for sale

Community in Miami Beach · Miami-Dade County · ZIP 33139
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data8 years of closingsUpdated twice daily

As of October 2026, First on Penn Condo in Miami Beach, FL has 5 homes for sale and 1 pending, asking from $199,900 to $245,000 (median $220,000). Homes listed or recently sold were built 1938–1938; 5 of 6 report an HOA (median $550/mo).

Last 30 days in First on Penn: 1 new listing (median asking $199,900), 1 under contract right now. 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.

Live · First on Penn Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
17%
Under contract
Miami-Dade: 18% (3,367 of 18,681)
5 · 1
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year

Homes For Sale Right Now in First on Penn Condo

Live MLS inventory for First on Penn Condo. 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 First on Penn Condo 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 First On Penn Condo Right Now (6)

All 6 active and pending First On Penn Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

First on Penn Condo is showing up in our Miami-Dade data with a single closing in the most recent window, which is too thin a sample to draw a pricing trend from. We're not going to manufacture a median or a range here — the honest read is that this building trades infrequently enough that each sale tells you more about that specific unit than about the building as a whole.

For a buyer or seller, that means the usual comps-and-trend approach does not really apply. You need a unit-by-unit look at recent activity, condition, and any assessments or fees, rather than leaning on a building-wide number that does not exist in the current dataset.

The 60-Second Overview

MLS data for First on Penn Condo currently reflects a single recorded closing in the tracked window, and no community amenities are listed in the current MLS records — so any read on this building has to come from direct unit research rather than aggregate stats.

MIAMI REALTORS sales records identify 5 homes in FIRST ON PENN Condo that have changed hands since 2021, built between 1938 and 1938 (median 1938), with a median living area of about 450 sq ft and a typical 1-bedroom, 1-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • A buyer targeting a specific unit here for location reasons who is comfortable doing direct diligence rather than leaning on market trend data.
  • An investor or owner already familiar with the building who wants a broker to help interpret sparse MLS data alongside association records.
  • A seller with a unit here who understands pricing will be set case-by-case rather than by a building-wide comp set.

Probably not for

  • A buyer who wants to compare this building against others using price range or amenity data — that data is not currently available in MLS.
  • Someone who needs a fast read on typical days-on-market or pricing trend, since the current window shows only one closing.
  • A buyer relying solely on listing photos or descriptions for amenities, since none are itemized in the current MLS feed for this building.

The market around First on Penn Condo

First on Penn Condo is too small for its own price trend, so here is the market around it.

In ZIP 33139, 1,060 homes are on the market and 14% are under contract — a slower corner of Miami Beach.

Across Miami-Dade County, 15,314 homes are active and 3,367 pending (18% under contract).

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.

ZIP and county figures describe the wider market, not First on Penn Condo specifically. Momentum Research analysis of MLS records.

If we were buying in First on Penn Condo today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 First on Penn Condo.

Best Buy
Buyers or sellers dealing with a specific unit at First on Penn Condo who need direct, unit-level research rather than building-wide market stats.
Biggest Risk
The thin transaction history means there is little public data to benchmark pricing or timing against.
Sweet Spot
Works best for someone already focused on this specific building for location reasons, not someone comparison-shopping by the numbers.
Avoid If
Avoid relying on this snapshot alone if you need trend data or amenity comparisons before deciding.

A building with thin data, not a defined market

With only one closing showing in the current window, First on Penn Condo does not yet have enough transaction volume in our feed to establish a price pattern, days-on-market pattern, or demand signal. That is a data-availability issue, not necessarily a reflection of the building itself — smaller condo buildings often show gaps like this simply because units turn over rarely.

The MLS listings we're pulling from also do not identify specific community amenities for this building. That does not mean the building has none — it means amenities are not itemized in the current listing data, so verifying what is actually offered (parking, elevator, common areas, etc.) requires a direct look at the property or association documents rather than the aggregate feed.

“

The location and the amenities are priced into every listing in First on Penn Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a building's MLS footprint is this thin, the value we add is not reciting stats that do not exist — it's knowing how to dig past the feed. That means pulling condo association documents, checking recent listing history unit by unit, and giving you a straight answer on what we actually know versus what still needs verification before you write an offer.

First on Penn Condo in 15 seconds.

Best forBuyers or sellers dealing with a specific unit at First on Penn Condo who need direct, unit-level research rather than building-wide market stats.
Biggest advantageA low-volume building means less noise from unrelated sales pulling a valuation off course.
Biggest riskThe thin transaction history means there is little public data to benchmark pricing or timing against.
Sweet spotWorks best for someone already focused on this specific building for location reasons, not someone comparison-shopping by the numbers.
Avoid ifAvoid relying on this snapshot alone if you need trend data or amenity comparisons before deciding.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the First on Penn Condos for Sale in Miami Beach, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in First on Penn Condos for Sale in Miami Beach, FL.
In short
  • HOA dues reported around $550/month (about $6,600/yr) · median of 15 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $550 per month ($6,600 a year) — the median AssociationFee across 15 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed First on Penn Condo sales matched to your home.

What is your First on Penn Condo home worth?

Get a no-obligation home value based on real comparable sales in First on Penn Condo, 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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Real comps, not an automated estimate.
A buyer targeting a specific unit here for location reasons who is comfortable doing direct diligence rather than leaning on market trend data.Excellent fit
An investor or owner already familiar with the building who wants a broker to help interpret sparse MLS data alongside association records.Excellent fit
A seller with a unit here who understands pricing will be set case-by-case rather than by a building-wide comp set.Excellent fit
A buyer who wants to compare this building against others using price range or amenity data — that data is not currently available in MLS.Probably not
Someone who needs a fast read on typical days-on-market or pricing trend, since the current window shows only one closing.Probably not
A buyer relying solely on listing photos or descriptions for amenities, since none are itemized in the current MLS feed for this building.Probably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 23, 2026)
Under-contract sharesMIAMI MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2018 (11 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.

Looking to buy here? Search homes for sale →

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Common questions about First on Penn

Where is First on Penn?

First on Penn is a community in Miami Beach, Miami-Dade County, Florida, ZIP 33139.

Are there homes for sale in First on Penn right now?

Yes — 5 active and 1 pending listings as of the last feed refresh (twice daily). They are listed on this page.

Does First on Penn have an HOA or CDD?

No HOA is on record for First on Penn in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Thinking of selling in FIRST ON PENN CONDO? 1 recorded closings (window ending 2026-09-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near First on Penn with Momentum Realty’s local guides.

Harriet Court Condo0.0 mi away · 2 for saleEtruria Condo0.0 mi away · 1 for saleSobe Phoenix Condo0.0 mi away · median $194K, 4 sales/12 moThe Morrison Condo0.0 mi away · 1 for saleDon Bar Condo0.0 mi awayThe Chelsea Condo0.1 mi away

Browse all neighborhood guides →

Talk to a Local First on Penn Condo Expert
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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.

$3,210/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

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.