FIRST ON PENN CONDO in Miami Beach

FIRST ON PENN CONDO
Homes for Sale in Miami Beach, FL

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

Built fromLive miami data8 years of closingsUpdated twice daily
Live · FIRST ON PENN CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
50%
Cash buyers · FIRST ON PENN CONDO
2 of 4 sales, 12 mo ending July 2022
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.

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, 2 homes are on the market and 0% are under contract — a slower corner of Miami Beach.

Across Miami-Dade County, 60 homes are active and 15 pending (20% under contract).

Homes here are condominium.

ZIP and county figures describe the wider market, not FIRST ON PENN CONDO specifically. Momentum Research analysis of MLS records.

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 2026-08-17, 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.

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

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

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.

See homes for sale in FIRST ON PENN CONDO on the map →

Real comps, not an automated estimate.

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.

$3,099/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.

How much local inventory is already under contract

12% 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 (2026-08-18).

Frequently Asked Questions

Do cash buyers compete in FIRST ON PENN CONDO?
Cash buyers took 50% of FIRST ON PENN CONDO sales in the 12 months ending July 2022 (2 of 4 closings, miami).
Who is the best real estate agent for FIRST ON PENN CONDO?
The best agent for FIRST ON PENN CONDO is one who actively works Miami Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for FIRST ON PENN CONDO.
How do I find a top Miami Beach real estate agent who knows FIRST ON PENN CONDO?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows FIRST ON PENN CONDO and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for FIRST ON PENN CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your FIRST ON PENN CONDO purchase or sale - no call center and no pressure.
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

Under-contract sharesmiami records, as of 2026-07-18
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 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 member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

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Thinking of selling in FIRST ON PENN CONDO? 1 recorded closings (window ending 2026-07-20). 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.
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