Penn Eleven Co-Op
Homes for Sale in Miami Beach, FL
All 1,707 homes for sale in Miami Beach, FL · median $550,000 · 950 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 November 2026, Penn Eleven Co-Op in Miami Beach, FL has 1 home for sale. As of November 2026, the MLS records 1 closed sale in Penn Eleven Co-Op in Miami Beach, FL, the most recent in August 2026. Across Miami Beach as a whole, 233 homes closed in the last 12 months at a median of $660,000, 96 median days on market, with 521 homes for sale today. At that median and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $11,610 ($10,900 with the full homestead exemption).
Last 30 days in Penn Eleven Co-Op: 2 new listings (median asking $197,500). As of November 14, 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.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
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.
MIAMI REALTORS sales records identify 10 homes in PENN ELEVEN CO-OP that have changed hands since 2017, 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.
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.
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.
The market around Penn Eleven Co-Op
Penn Eleven Co-Op is too small for its own price trend, so here is the market around it.
In ZIP 33139, 950 homes are on the market and 11% are under contract — a slower corner of Miami Beach.
Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).
In ZIP 33139 (Miami Beach), 132 homes closed in the last 12 months at a median of $985K ($912/sq ft), with a median 84 days on market. Right now 240 active and 26 pending listings put supply at about 21.8 months — a soft market. See the live ZIP 33139 housing market and the Miami-Dade County market.
ZIP and county figures describe the wider market, not Penn Eleven Co-Op specifically. Momentum Research analysis of MLS records.
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 2026-11-14, 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 2026 through 2026. Tap any home to ask about it.
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.
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?
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Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: November 14, 2026) |
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
| Historical depth | Closed-sale records back to 2026 (1 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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