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- Hidden Bay
- Landmark
- Marina Palms
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- Mystic Pointe (6)
- One Island Place
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- Peninsula
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- Porto Vita
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- Terraces at Turnberry
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Legal Description:
OCEAN BEACH ADDN NO 3 PB 2-81 LOT 3 BLK 42 LOT SIZE 50.000 X 140 OR 21070-1416 0203 1
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Listed On:
Mar 7, 2025 -
Days on Market:
21 -
Year:
1948 -
Taxes:
$33,824 per year -
Floor Description:
Wood -
Occupancy:
-
Zoning:
-
Parking:
1124 Pennsylvania Ave Miami Beach, FL 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
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