1600 Pennsylvania Avenue
Miami Beach, FL 33139
439 sqft | #RX-11036026
Description
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.
Property Details
- Subdivision1600 PENNSYLVANIA AVE CON
- Property TypeMulti-Family
- MLS #RX-11036026
- MLS #RX-11036026
- Lot FeaturesCorner Lot
- Lot DescriptionCorner Lot
- CountyMiami-Dade
- Original List Price$6,000,000
- CoolingElectric
- Taxes Annual$55,062
- Cost6000000
- Property SubtypeDuplex
- ViewOther
- Year Built1953
- Zoning0000
- Square Feet439
- Stories2
- Parking Spaces4
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Emel Onur (#20018545)
Listing Office: Lead Consulting Group LLC (#276535960)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
