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Tara Panaccione

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1600 Pennsylvania Ave Miami Beach, FL 33139

439 SqFt

UPDATED:

09/30/2024 09:30 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 439 sqft

Price per Sqft $13,667

Subdivision 1600 Pennsylvania Ave Con

MLS Listing ID A11632171

Construction Status Effective Year Built

HOA Y/N Yes

Year Built 1953

Annual Tax Amount $55,062

Tax Year 2023

Property 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

State FL

County Miami-dade

Community 1600 Pennsylvania Ave Con

Area 32

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Other

Total Parking Spaces 5

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 02-32-34-235-0020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Corte Real Estate Group LLC

Tara Panaccione

Agent | License ID: 3299544

+1(305) 916-0597

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Tara Panaccione

Tara Panaccione

1600 Pennsylvania Ave Miami Beach, FL 33139

Key Details

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1600 Pennsylvania Ave