1124 Pennsylvania Ave, Miami Beach
#MLS: A11873913
$ 3 300 000
Listing date09/07/2025
CityMiami Beach, FL 33139
Address1124 Pennsylvania Ave
Area7102 sqft
Tax/year$ 33 824
Built year1948
12 units Exclusive Investment Opportunity in Miami Beach Almost completely renovated 12-unit, 8,140 SF low-rise buildingseamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigiouslocation. Property Highlights: ? Turnkey Investment - Fully renovated with new roof (August 2024) ? Strong RentalHistory - 95% occupancy rate, ensuring stable cash flow ? Unit Mix & Sizes: 8 Studios (Avg. 500 SF) - Rented at1,650/month - 4 One-Bedroom Units (Avg. 700 SF) - Rented at 2,100/month ? Recertification Passed - Fullycompliant and up to code ? Projected Cap Rate: 6.76% upon rental completion ART DECO DISTRICT
1124 Pennsylvania Ave Miami Beach, FL 33139 quadruplex house for sale with MLS A11873913 located in OCEAN BEACH ADDN NO 3. If you want to buy Quadruplex - 1124 Pennsylvania Ave Miami Beach, FL 33139, call today!