Home » Miami Beach » 1600 Pennsylvania Ave, Miami Beach, FL 33139 | A11632171

Duplex For Sale 1600 Pennsylvania Ave, Miami Beach, FL 33139

$6,000,000

Property Highlights

Listing ID A11632171 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Duplex Living Space 439 Sqft/40.78 m2 approx. Building Area 439 Sqft/40.78 m2 approx. Year Built 1953 Time of this property on Rebonus 131 Day(s)

1600 Pennsylvania Ave, Miami Beach, FL 33139

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.

Useful Info

Original List Price:$6,000,000

Lease Details

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

Land Lot (Parcel) Details

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

Construction

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

Property Features

Waterfront:No
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$55,062

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:
  • Monthly
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:1600 PENNSYLVANIA AVE CON
Senior Community:No

Parking

Parking Total Spaces:5
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationNew Construction
Flood ZoneAE
Type of AssociationOther
Style Duplex
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number235

Zoning and Legal

Tax Legal Description:1600 PENNSYLVANIA AVE CONDO UNIT 3 UNDIV 5.0246% INT IN COMMON ELEMENTS OFF REC 29502-0708
Real Estate Folio Number (Parcel Number):02-32-34-235-0020
Zoning Description:Call
Public Survey Township:2
Public Survey Range:32
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:July 30, 2024 9:00 am
On Market Date:July 30, 2024
Price Change Date Time:July 30, 2024 9:00 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:July 30, 2024 9:00 am
Status Last Changed:July 30, 2024 9:00 am
Photos Last Modified:July 30, 2024 1:14 pm
Last Modified:September 30, 2024 9:30 pm
Days on the Market Reference Date:August 9, 2024
Days on the Market (updated on Last Modified*):10
Cumulative Days on the Market (updated on Last Modified**):10

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:8
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:32
Courtesy of:Corte Real Estate Group LLC
Universal Property Id:US-12025-N-0232342350020-R-N

Location

Show Property Address:Yes
Street Name:Pennsylvania Ave
Street Number:1600
Street Address:1600 Pennsylvania Ave
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:1600 Pennsylvania Ave, Miami Beach, FL 33139
Latitude:N25° 47' 21.3''
Longitude:W81° 51' 55.5''

Neighborhood

Postal City:Miami Beach

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