Active
1600 Pennsylvania Ave
Miami Beach FL, 33139
$6,000,000
$13,667.43 per sqft
Active
439 sqft
Multi-family
Built in 1953
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.
A11632171
MLSⓇ ID
July 30, 2024
Listed
September 17, 2024
Updated
Map
1600 Pennsylvania Ave
Miami Beach FL, 33139
Interior Features
Total Stories
2
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Window/Wall
Exterior/Building Features
Lot Features
Less Than 1/4 Acre Lot
Architectual Style
Other
Roof
Other
Sewer
Public Sewer
Other Property Details
Area Name
1600 Pennsylvania Ave Con
Taxes
$55,062
Tax Frequency
Annually
Days on Market
10
Association Fee
Not Listed
Association Fee Frequency
Monthly
Garage
No
Parking Total
5
View
No
County
Miami-Dade County
Pool
No
Zoning
0000
Listed by: Corte Real Estate Group LLC
Listing Contact: 786-942-3238
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Data last updated 1:05 PM UTC, 9/17/2024.