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USAFLMiami Beach¤Ocean Beach Addn No 31124 Pennsylvania Ave
1124 Pennsylvania Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Miami Beach FL | Image 1
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$3,500,000

1124 Pennsylvania Ave, Miami Beach, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 8140 sqft
Garage No
Taxes $33,824
Days Active 77
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $429
MLS® Number A11758768

Property Address: 

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

Description

Exclusive Investment Opportunity in Miami Beach Almost completely renovated 12-unit, 8, 140 SF low-rise building seamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigious location. Property Highlights: ? Turnkey Investment – Fully renovated with new roof (August 2024) ? Strong Rental History – 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 – Fully compliant and up to code ? Projected Cap Rate: 6.76% upon rental completion ART DECO` DISTRICTShow Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® NumberA11758768
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1948
Basement
Driveway
Garage Spaces
HeatWindow/Wall
A/CWall/Window Unit(s)
Heating Fuel

Extras

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