Homes for sale - 1600 Pennsylvania AVE, Miami Beach, FL 33139

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Onias Derilus

[email protected] +1(561) 576-9328

Listed by Lead Consulting Group LLC

$6,000,000

Est. payment - /mo

2 Baths

439 SqFt

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UPDATED:

12/21/2024 07:09 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 439 sqft

Price per Sqft $13,667

Subdivision 1600 Pennsylvania Ave Con

MLS Listing ID RX-11036026

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1953

Annual Tax Amount $55,062

Tax Year 2023

Lot Size 7,500 Sqft

Property Description

The White House Apartments at Lincoln Road, a 19-unit multifamily building property in the heart of South Beach. The property is located adjacent to the famous Lincoln Road, a highly desirable location for renters on South Beach. Furthermore, the property is within walking distance to all of South Beach's attractions including Ocean Drive, Collins, Washington Avenue and Flamingo Park. The building has a total of 19 units, of which 18 units are large studios of an average size of 438 square feet, and one unit is a two-bedroom, two-bathroom apartment of 866 square feet. The 19 units are in line with South Beach's typical standards, which historically have been running close to 100% occupancy rates. In-place effective rents at the property average $4.25 per square foot.

Location

State FL

County Miami-dade

Community White House Apartments

Area 2320

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Exterior

Exterior Feature None

Garage Spaces 4.0

Utilities Available None

Amenities Available None

Waterfront Description None

View Other

Roof Type Other

Private Pool No

Building

Lot Description Corner Lot

Story 2.0

Foundation Concrete

Construction Status Resale

Others

HOA Fee Include None

Senior Community No Hopa

Restrictions Lease OK

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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1600 Pennsylvania AVE Miami Beach, FL 33139