Miami Art Week 2026Upcoming
15 exhibitions within 1 mile
Art Week Score 76 · #11 in South Beach
#11 in South Beach · #11 in Miami
Nearest: Fridge Art Fair at Habitat Hyett, 0.1 mi away
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Penn Star
1605 Pennsylvania Ave · Built 1981 · 5 floors · 16 residences
For sale
0
0 pending
Sold, 12 months
0
1 recorded sale
Last sale
$475K
Jan 31, 2025
Last sale, per sqft
$480/sqft
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No units for sale right now
Units here rarely come up. Get an email the moment one lists — and our team will reach out so you can move first.
Off-market and pocket listings never hit the portals. Ask us — we know who is thinking of selling.
The Penn Star is situated in a sought-after neighborhood in Miami Beach, located just steps from the beach and the Lincoln Road mall. The building offers a secure environment for residents.
Residents of the building can enjoy views of the sunset. The property is positioned to provide a convenient lifestyle in a central location.
Live near more of Miami
What surrounds Penn Star: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
58 / 100
Nearest Publix: Publix at Publix Super Market, 0.5 mi
#83 in South Beach · #300 in Miami
Close enough for a weeknight run, far enough to feel virtuous.
3 Publix stores nearby
Crane IndexLive now
Tower sites within 1 km: 2
Within 500 m: 0 · within 250 m: 0
Nearest tower site: Ritz-Carlton Residences South Beach, 0.3 mi
2 tower sites nearby
Distances are straight-line, not walking or driving.
Getting around
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
Inventory
Sold $/sqft trend
3-month rolling median of closed sales in Penn Star; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 1605 Pennsylvania Ave
- Year built
- 1981
- Floors
- 5
- Residences
- 16
- Developer
- Penn Star Corp
- Waterfront
- No
Amenities
- · Gated Entry
- · Security
Building rules
- Parking
- The building offers an assigned parking space.
Special assessments & recertification outlook
ElevatedPublic records checked Oct 31, 2026: no liens, lawsuits or regulatory complaints found for the association.
- Built 1981 — a recurring structural milestone inspection is due around 2026
Estimated from Penn Star’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Penn Star: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 1
- 1 from banks and credit unions · purchases and refinances
- Sales bank-financed
- —
- 0 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Conventional 1
Low confidence — few loans · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 3.1 ft
- Lowest nearby street
- 2.3 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 1.3 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR1S011691 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
When was Penn Star built?+
Penn Star was built in 1981, 5 stories, 16 residences.
Who developed Penn Star?+
Penn Star was developed by Penn Star Corp.
Stay ahead
Interested in Penn Star?
We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.
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