Descrição
1124 Pennsylvania Ave,
Miami Beach,
FL
33139
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
This is an Active listing.
Broker Office Phone Number: 305-898-7224
Copyright © 2025Miami 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.
Serviços
- Wood Floors
- Hardwood Flooring
Listing By: The Keyes Company via Data Source: Miami Association of REALTORS®
Quadraplex
Tipo de Propriedade
Dade County
Distrito Escolar
Dade County
Distrito Escolar
dade-miami-fl
Schools
Histórico de preços
| date | price | variance | type |
|---|
| 3/7/2025 | $3,500,000 | - | Listados |
agente de listagem: Fabrizio Passatore
