1600 Pennsylvania Avenue Miami Beach, Florida
Listed By Lead Consulting Group LLC
The Multi Family Home for Sale located at Miami Beach, Florida is currently for sale. Miami Beach, Florida is listed for $6,000,000. If the property located at Miami Beach, Florida isn't what you're looking for, visit https://johnsimonsbeachfronts.xomio.com to see other Multi Family Homes for Sale in Miami Beach .
Date Updated : Dec 21, 2024
MLS#: RX-11036026
$6,000,000 USD
- TypeMulti Family Home
- Home/Lot size41m² (439ft²)
Property features
Construction details
- Year built: 1953
Other features
- Cooling system: Electric
- Heating system: Electric
Area
- Property size: 41m² (439ft²)
- Land/Lot size: 697m² (7,500ft²)
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
