Home » Miami Beach » 1600 Pennsylvania Avenue, Miami Beach, FL 33139 | R11036026/RX-11036026

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

$6,000,000

Property Highlights

Listing ID R11036026/RX-11036026 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 8,780 Sqft/815.69 m2 approx. Lot area 7,500 Sqft/696.77 m2 approx. Year Built 1953 This listing had previously gone off the market, and it is now Back on the Market. Time of this property on Rebonus 35 Day(s)

1600 Pennsylvania Avenue, 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

Land Lot (Parcel) Details

Lot Features:
  • Corner Lot
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Units Total:2
Property Condition:
  • Resale
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Stories:2

Property Features

View from the Property:
  • Water
  • Other
Waterfront:No
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Electric

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

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Other
Tenant Pays:
  • Exterior Electric
Lease Considered:No

Community

Subdivision Name:1600 PENNSYLVANIA AVE CON
Community Features:
  • Non-gated
Complex Name:1600 PENNSYLVANIA AVE CON
Senior Community:No
Development Name:White House Apartmen
Restrictions:Ok To Lease

Parking

Garage:Yes
Garage Spaces:4
Covered Spaces:4

Utilities

Utilities Available:
  • None
  • Water Not Available

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-11036026
Ref1093930991

Zoning and Legal

Tax Legal Description:1600 PENNSYLVANIA AVE CON
Real Estate Folio Number (Parcel Number):02-32-34-235-0020
Zoning Description:Call
Public Survey Township:32
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:November 11, 2024 12:32 pm
On Market Date:November 11, 2024
Listing Contract Date:November 11, 2024
Last Important Update Description:Back On Market
Date and Time of Last Important Update:December 15, 2024 5:08 pm
Status Last Changed:December 15, 2024 12:00 am
Photos Last Modified:December 16, 2024 4:40 am
Last Modified:December 16, 2024 3:22 am
Days on the Market Reference Date:December 16, 2024
Days on the Market (updated on Last Modified*):23
Cumulative Days on the Market (updated on Last Modified**):23

Additional Information

Lot Size Range:Corner Lot,
Number of Photos:26
Location:,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:Lead Consulting Group LLC
Universal Property Id:US-12025-N-0232342350020-R-N

Location

Show Property Address:Yes
Street Name:Pennsylvania Avenue
Street Number:1600
Street Address:1600 Pennsylvania Avenue
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:1600 Pennsylvania Avenue, Miami Beach, FL 33139
Latitude:N25° 47' 21.2''
Longitude:W81° 51' 55.4''

Neighborhood

Postal City:Miami Beach

Property Map