$3,500,000

1124 Pennsylvania Ave , Miami Beach, FL 33139

 
Bedrooms:12 beds
Bathrooms:12 baths
Residential:8,140 sqft
Lot:Unknown
Year Built:1948
Listing Status:Active

Listing Agent

Fabrizio Passatore
http://www.keyes.com
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Loan Amount:
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Monthly tax: $
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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` DISTRICT

Detailed Items

Other Information

1124 Pennsylvania Ave, Miami Beach, FL, 33139 is a residential listing of 8,140 sqft on a lot of Unknown. This residential listing has 12 bedrooms, and 12 baths. The map for this location can be viewed on Google maps at Google maps to property1124 Pennsylvania Ave, Miami Beach, FL
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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