1124 Pennsylvania Ave, Miami Beach, 33139
Buy
1124 Pennsylvania Ave, Miami Beach, 33139
Quick Details
MLS #: A11758768
- Property Type
- Quadruplex
- 8140
- sqft
- 1948
- Year Built
Description
Exclusive Investment Opportunity in Miami Beach
Almost completely renovated 12-unit, 8,140 SF low-rise building seamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigious location.
Property Highlights:
? Turnkey Investment – Fully renovated with new roof (August 2024)
? Strong Rental History – 95% occupancy rate, ensuring stable cash flow
? Unit Mix & Sizes: 8 Studios (Avg. 500 SF) – Rented at $1,650/month – 4 One-Bedroom Units (Avg. 700 SF) – Rented at $2,100/month
? Recertification Passed – Fully compliant and up to code
? Projected Cap Rate: 6.76% upon rental completion
ART DECO` DISTRICT
Address
Open on Google Maps- Address 1124 Pennsylvania Ave
- City Miami Beach
- State/county Florida
- Zip/Postal Code 33139
- Area Miami-dade County
Details
- MLS #: A11758768
- Price: $3,500,000
- Property Size: 8140 sqft
- Year Built: 1948
- Property Type: Quadruplex
- Property Status: Buy
Listed by Fabrizio Passatore · The Keyes Company
- Updated on March 8, 2025 at 1:07 pm
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View ListingsFor more information about this Quadruplex for Buy currently listed for $3500000 located in 1124 Pennsylvania Ave Miami Beach, Florida 33139 please call our real estate office at 1-(305) 728-0840
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