$6,000,000 ($13,667.43 per sqft)

Est. Mortgage $29,554/mo *

Quick Pre-Approval

1600 Pennsylvania Avenue, Miami Beach, FL, 33139

1600 Pennsylvania Avenue, Miami Beach, FL, 33139

0 beds

2 Full baths

1953

439 sqft

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.


Status:

Active

Type:

Multi-family

Furnished Remarks:

Yes

Units:

19

Zoning:

0000

Subdivision:

1600 PENNSYLVANIA AVE CON

Development:

White House Apartments

Garage:

4-car

Heating:

Electric

Cooling:

Electric

Levels:

2

Parking:

None

Est. Taxes:

$55,062

Construction

Concrete

Utilities

None

Lot Description:

Corner Lot

View Description:

Other

Amenities:

None

MLS #:

RX-11036026


Community Info

School Info

Walk Score

Yelp


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