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USAFLMiami Beach1329 Pennsylvania Ave
1329 Pennsylvania Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Miami Beach FL | Image 1
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$3,200,000

1329 Pennsylvania Ave, Miami Beach, FL

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Income/MultiFamily
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $31,114
Days Active 2
Approx. Age 1936
MLS® Number A11888408

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

1329 Pennsylvania Avenue (aka Shermon Court) is a 1936 Art Deco building masterfully designed by Henry Hohauser, one of South Beach's signature architects in the Deco era. This is a well-maintained 8-unit apartment building, each with spacious 1-bed/1-bath layouts. The building also has common laundry facilities as well as 5 off street parking spaces. All units are occupied by excellent long-term tenants on month-to-month leases at $1, 700 ?— well below market. With renovations, rents can be repositioned to $2, 300 - $2, 500, offering strong upside potential. The property has passed its 40-year recertification and boasts a rich Miami Beach history, blending architectural character with modern stability. A rare investment opportunity with secure cash flow and significant value-add potential.Show Description
MLS® NumberA11888408
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1936
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building & Land

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