1600 Pennsylvania Ave, Miami Beach, FL 33139 | MLS A11563589 | Listing Information | Align Right Realty
FOR SALE
$6,000,000

1600 Pennsylvania Ave
Miami Beach, FL 33139

Multi-Family
Commercial
8,746
Sq. Ft.
7,500
Acre Lot
Courtesy: Corte Real Estate Group LLC
Align Right Realty> Florida> Miami Beach> 33139
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.
A11563589
Commercial - Multi-Family, Other
1953
Miami-Dade
7,500 Sq. Ft.
Public
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Corte Real Estate Group LLC
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