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1600 Pennsylvania, Miami Beach, FL 33139

Multi-family For Sale
$6,000,000

BTC: 66.66664444

ETH: 1,892.61910094

3 days
0 room(s)
439 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Miami Beach • 33139 • Multi-family • For Sale

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1953
Lot:
7500 Square Feet
Heating:
No Data
Price/sqft:
$13,667
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 7500 Square Feet

    Other Property Information

    • Parcel Number: 0232342350020

    • Zoning: 0000

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $55,062

  • Source details

    • MLS ID: RX-11036026

    Other facts

    • Direction Faces: Pls use the navigator.

    • Garage Spaces: 4

    • Garage: Yes

    • Living Area: 439

    • Subdivision Name: 1600 PENNSYLVANIA AVE CON

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lead Consulting Group LLC