Home » Miami Beach » 1200 Pennsylvania Ave, Miami Beach, FL 33139 | A11631806

Multi Family For Sale 1200 Pennsylvania Ave, Miami Beach, FL 33139

$4,500,000

Property Highlights

Listing ID A11631806 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Multi Family Living Space 8,052 Sqft/748.06 m2 approx. Building Area 8,052 Sqft/748.06 m2 approx. Year Built 1938 This listing had previously gone off the market, and it is now Back on the Market. Time of this property on Rebonus 132 Day(s)

1200 Pennsylvania Ave, Miami Beach, FL 33139

Property Description: The Edroy Apartments consists of 8,052 rentable square feet built on a 7,000 square foot lot. The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units. The property is priced at $4,500,000, which breaks down to $346,154 per unit and $558 a square foot. The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.

Residential Income (Multifamily 2-4) Multi Family For Sale located at 1200 Pennsylvania Ave Miami Beach FL 33139 in Miami-Dade referenced as ID MLS # A11631806. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Original List Price:$4,500,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Hot Water
  • Sewer
  • Trash Collection
  • Water
  • Gardener
  • Gas

Measures

Living Area Source:
  • Appraiser

Land Lot (Parcel) Details

Lot Features:
  • 1/4 To 1/2 Acre Lot
Lot Size Unit:Square Feet

Construction

Builder Model:Multifamily
Year Built Details:
  • Effective Year Built
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Other
Stories:2

Property Features

Waterfront:No
Roof:
  • Other
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Ceiling Fan(s)
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Electric

Taxes and Expenses

Tax Annual Amount:$41,384

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee Frequency:
  • Annually
Property Tax Status:New Construction

Terms

Documents Available:
  • Lease
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:OCEAN BEACH ADDN NO 3
Senior Community:No

Parking

Parking Total Spaces:0
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

Zoning and Legal

Tax Legal Description:OCEAN BEACH ADDN NO 3 PB 2-81 LOT 8 BLK 41 LOT SIZE 50.000 X 140 OR 13579-3445 1287 5
Real Estate Folio Number (Parcel Number):02-42-03-009-0930
Zoning Description:3900
Public Survey Township:2
Public Survey Range:42
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:July 29, 2024 4:18 pm
On Market Date:July 20, 2024
Price Change Date Time:July 29, 2024 4:18 pm
Last Important Update Description:Back On Market
Date and Time of Last Important Update:October 27, 2024 9:59 am
Status Last Changed:October 27, 2024 9:59 am
Photos Last Modified:July 29, 2024 8:33 pm
Last Modified:October 27, 2024 1:59 pm
Days on the Market Reference Date:October 27, 2024
Days on the Market (updated on Last Modified*):73
Cumulative Days on the Market (updated on Last Modified**):73

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot
Number of Photos:18
Location:,,1/4 To Less Than 1/2 Acre Lot
Included:,,
Area:32
Courtesy of:Corte Real Estate Group LLC
Universal Property Id:US-12025-N-0242030090930-R-N

Location

Show Property Address:Yes
Street Name:Pennsylvania Ave
Street Number:1200
Street Address:1200 Pennsylvania Ave
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:1200 Pennsylvania Ave, Miami Beach, FL 33139
Latitude:N25° 46' 58.9''
Longitude:W81° 51' 56.2''

Neighborhood

Postal City:Miami Beach

Property Map