# Penn Star

As of 2026-08-03, Penn Star in South Beach has 0 units for sale at a median asking price of — (—); 0 units sold in the last 12 months.

The Penn Star is a secured, gated condominium located in the heart of Miami Beach.

## Key facts

| | |
|---|---|
| Address | 1605 Pennsylvania Ave |
| Neighborhood | South Beach |
| Year built | 1981 |
| Floors | 5 |
| Units | 16 |
| Waterfront | no |
| Developer | Penn Star Corp |
| For sale | 0 |
| Pending | 0 |
| Sold, last 12 months | 0 |
| Parking | The building offers an assigned parking space. |

## Own Miami measures

- **Financeability Index: 33** (limited; 12-month window, 1 recorded mortgages, — of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2026)

## Building health (verified public records)

- Public records checked 2026-10-31: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**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.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Penn Star](https://own.miami/buildings/penn-star/for-sale)
- [Club Atlantis](https://own.miami/buildings/club-atlantis)
- [Mirasol Ocean Towers](https://own.miami/buildings/mirasol-ocean-towers)
- [The Georgian](https://own.miami/buildings/the-georgian)
- [Bayview Terrace](https://own.miami/buildings/bayview-terrace)

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Source: Own.Miami — https://own.miami · data as of 2026-08-03
Canonical page: https://own.miami/buildings/penn-star
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai