1600 Pennsylvania Avenue Miami Beach, Florida 33139, United States
The Multi Family House for Sale located at 1600 Pennsylvania Avenue Miami Beach Florida 33139 is currently for Sale, 1600 Pennsylvania Avenue Miami Beach Florida 33139 is listed for $6,000,000. If the property located at 1600 Pennsylvania Avenue Miami Beach Florida 33139 isn't what you're looking for, search Florida Real Estate to see other Homes for Sale in Miami Beach .
MLS#: RX-11036026
$6,000,000 USD
- Type
- Multi Family
- Home/Lot size
- 41m² (439ft²)
Property features
Construction details
- Year built
- 1953
Area
- Property size
- 41m² (439ft²)
- Land/Lot size
- 697m² (7,500ft²)
- Cooling system
- Electric
- Heating system
- Electric
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.
Location
