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Listed price in listed location currency (USD).
$3,300,000

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  • Key Facts
  • Description
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Key Facts

Type Quadruplex
Levels Residential Income
Size 8140 sqft
Garage No
Taxes $33,824
Days Active 47
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $405
MLS® Number A11873913

Property Address: 1124 Pennsylvania Ave, Miami Beach, FL, 33139-4562

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

Description

12 units Exclusive Investment Opportunity in Miami Beach Almost completely renovated 12-unit, 8, 140 SF low-rise buildingseamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigiouslocation. Property Highlights: ? Turnkey Investment – Fully renovated with new roof (August 2024) ? Strong RentalHistory – 95% occupancy rate, ensuring stable cash flow ? Unit Mix & Sizes: 8 Studios (Avg. 500 SF) – Rented at$1, 650/month - 4 One-Bedroom Units (Avg. 700 SF) – Rented at $2, 100/month ? Recertification Passed – Fullycompliant and up to code ? Projected Cap Rate: 6.76% upon rental completion ART DECO` DISTRICT
MLS® NumberA11873913
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1948
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

Other

Sep 7, 2025List Date
$3,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
1124 Pennsylvania Ave, Miami Beach, FL

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