$6,000,000 ($13,667.43 per sqft)

Est. Mortgage $30,339/mo *

Quick Pre-Approval

1600 Pennsylvania Ave, Miami Beach, FL, 33139

1600 Pennsylvania Ave, Miami Beach, FL, 33139

1953

439 sqft

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.


Status:

Active

Type:

Multi-family

Zoning:

0000

Subdivision:

1600 PENNSYLVANIA AVE CON

Heating:

Wall Furnace

Cooling:

Wall/Window Unit(s)

Parking:

5-car

Est. Taxes:

$55,062

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

10

Pool:

None

MLS #:

A11632171


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Corte Real Estate Group LLC Phone: 305-534-6679