Pen-Ten Co-Op Apts Inc in Miami Beach

Pen-Ten Co-Op Apts Inc
Homes for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33139
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Photo via MIAMI MLS

Built fromLive MIAMI MLS data4 years of closingsUpdated twice daily
Live · Pen-Ten Co-Op Apts Inc Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
100%
Cash buyers · Pen-Ten Co-Op Apts Inc
4 of 4 sales, 12 mo ending July 2023
Jon Brooks, founder of Momentum Realty
Jon's Current Read

PEN-TEN CO-OP APTS INC is a cooperative building, which changes the buying math from the start. You are not just underwriting a unit, you are underwriting the co-op's finances, its board approval process, and its share structure, and none of that shows up in a standard price-per-square-foot comparison.

With only two closings tracked in the recent window, there is not enough transaction volume here to read a trend line with confidence. Anyone pricing a purchase or a sale in this building should treat each closing as its own data point rather than assume it fits a broader pattern.

The 60-Second Overview

PEN-TEN CO-OP APTS INC is a cooperative apartment building in Miami-Dade County, and the current MLS data set is thin: two tracked closings and no community amenities identified from active listings.

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 comfortable navigating co-op board approval and share-based ownership rather than a traditional deed
  • A buyer who has cash or non-conventional financing lined up, since co-op mortgage options can be more limited
  • A buyer willing to request the co-op's financials and bylaws directly rather than relying solely on MLS listing detail

Probably not for

  • A buyer who needs a fast closing timeline without board interviews or approval steps
  • A buyer relying on a standard conventional mortgage with no flexibility on financing type
  • A buyer who wants documented, listed community amenities to compare before touring

The market around Pen-Ten Co-Op Apts Inc

Pen-Ten Co-Op Apts Inc 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).

The housing mix here is 86% stockcooperative, 14% condominium.

ZIP and county figures describe the wider market, not Pen-Ten Co-Op Apts Inc specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Pen-Ten Co-Op Apts Inc

Live MLS inventory for Pen-Ten Co-Op Apts Inc. 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 Pen-Ten Co-Op Apts Inc listings as of 2026-09-02, 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 2022 through 2026. Tap any home to ask about it.

If we were buying in Pen-Ten Co-Op Apts Inc 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 Pen-Ten Co-Op Apts Inc.

Best Buy
Best for a buyer specifically comfortable with co-op ownership and its approval process, not a general condo shopper.
Biggest Risk
The risk is limited transaction data, only two tracked closings, making it hard to benchmark price or timeline against a broader market.
Sweet Spot
The sweet spot is a buyer who has already been through a co-op purchase before, or has financing and time to work through board approval.
Avoid If
Avoid if you need a fast, conventional-mortgage closing or want a building with clearly documented amenities up front.

A co-op, not a condo, and a thin data set

The 'co-op' in the name matters more than it might seem. Buying into a cooperative typically means purchasing shares in the corporation that owns the building rather than a deed to a specific unit, and it often means board interviews, different financing options than a conventional mortgage, and building-specific bylaws on subletting or resale. Anyone evaluating this building needs to look at the co-op's documents and financials, not just the unit itself.

On the market side, two closings in the tracked window is not enough volume to establish a reliable price trend, and no community amenities are identified from current MLS listings. That does not mean the building has none, only that the active listing data does not surface them. Buyers and sellers here should expect to do more direct homework, through the co-op board, management, or a walk-through, than a typical condo or single-family search would require.

The location and the amenities are priced into every listing in Pen-Ten Co-Op Apts Inc. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin-data buildings and co-op structures are exactly where a broker who slows down and reads the actual documents earns their fee. We help you sort through board requirements, financing eligibility, and the limited comparable sales so you are not guessing at value or approval odds.

Pen-Ten Co-Op Apts Inc in 15 seconds.

Best forBest for a buyer specifically comfortable with co-op ownership and its approval process, not a general condo shopper.
Biggest advantageThe advantage is a building type that is less commonly transacted, which can mean less competition among buyers who understand the structure.
Biggest riskThe risk is limited transaction data, only two tracked closings, making it hard to benchmark price or timeline against a broader market.
Sweet spotThe sweet spot is a buyer who has already been through a co-op purchase before, or has financing and time to work through board approval.
Avoid ifAvoid if you need a fast, conventional-mortgage closing or want a building with clearly documented amenities up front.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Pen-Ten Co-Op Apts Inc sales matched to your home.

What is your Pen-Ten Co-Op Apts Inc home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

Do cash buyers compete in Pen-Ten Co-Op Apts Inc?
Cash buyers took 100% of Pen-Ten Co-Op Apts Inc sales in the 12 months ending July 2023 (4 of 4 closings, MIAMI MLS).
Who is the best real estate agent for Pen-Ten Co-Op Apts Inc?
The best agent for Pen-Ten Co-Op Apts Inc 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 Pen-Ten Co-Op Apts Inc.
How do I find a top Miami Beach real estate agent who knows Pen-Ten Co-Op Apts Inc?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Pen-Ten Co-Op Apts Inc and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for Pen-Ten Co-Op Apts Inc?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Pen-Ten Co-Op Apts Inc purchase or sale - no call center and no pressure.
A buyer comfortable navigating co-op board approval and share-based ownership rather than a traditional deedExcellent fit
A buyer who has cash or non-conventional financing lined up, since co-op mortgage options can be more limitedExcellent fit
A buyer willing to request the co-op's financials and bylaws directly rather than relying solely on MLS listing detailExcellent fit
A buyer who needs a fast closing timeline without board interviews or approval stepsProbably not
A buyer relying on a standard conventional mortgage with no flexibility on financing typeProbably not
A buyer who wants documented, listed community amenities to compare before touringProbably not

Data sources & freshness

Under-contract sharesMIAMI MLS records, as of 2026-07-18
Historical depthClosed-sale records back to 2022 (7 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.

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More Miami Beach & Miami & Miami-Dade County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Miami & Miami-Dade County or the full Neighborhood Finder.

Thinking of selling in PEN-TEN CO-OP APTS INC? 2 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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