1200 Pennsylvania Ave ,Other, Duplex, Ocean Beach Addn No 3 for Sale

1200 Pennsylvania Ave for Sale

Price $3,249,000.00

• Lot size 8052
• Year Build 1938
• Waterfront
• Zip 33139
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

The Edroy Apartments consists of 8,052 rentable square feet built on a 7,000 square foot lot. The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units. The property is priced at $4,500,000, which breaks down to $249,923 per unit and $403 a square foot. The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.

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OCEAN BEACH ADDN NO 3 PB 2-81 LOT 8 BLK 41 LOT SIZE 50.000 X 140 OR 13579-3445 1287 5

1/4 To Less Than 1/2 Acre Lot

The Edroy Apartments consists of 8,052 rentable square feet built on a 7,000 square foot lot. The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units. The property is priced at $4,500,000, which breaks down to $249,923 per unit and $403 a square foot. The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.

City:Miami Beach,Model:Multifamily,Zoning:3900,Cooling:1:Wall/Window Unit(s),List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.7830179,Cooling Y N:1,Heating Y N:1,List Price:3249000,Listing Id:A11631806,Longitude:-80.1343942,Mls Status:Active,Year Built:1938,Living Area:8052,Postal Code:33139,Street Name:Pennsylvania Ave,Coordinates:1:25.7830179,Photos Count:18,Builder Model:Multifamily,Building Name:OCEAN BEACH ADDN NO 3,Days On Market:174,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:Ocean Beach Addn No 3,On Market Date:2024-07-20,Parcel Number:02-42-03-009-0930,Property Type:Residential Income,Rent Includes:1:Hot Water,2:Gardener,3:Sewer,4:Trash Collection,5:Water,Stories Total:2,Street Number:1200,Association Y N:1,M I A M I R E_ Style:Duplex,Public Remarks:The Edroy Apartments consists of 8,052 rentable square feet built on a 7,000 square foot lot. The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units. The property is priced at $4,500,000, which breaks down to $249,923 per unit and $403 a square foot. The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.,County Or Parish:Miami-Dade County,List Office Name:Corte Real Estate Group LLC,Standard Status:Active,Window Features:1:Impact Glass,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:4496,Property Sub Type:Duplex,State Or Province:FL,Subdivision Name:OCEAN BEACH ADDN NO 3,Tax Annual Amount:41384,Total Actual Rent:25450,Unparsed Address:1200 Pennsylvania Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Operating Expense:101805,Year Built Details:Effective Year Built,Building Area Total:8052,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:403.5022,Original List Price:4500000,Previous List Price:4500000,Public Survey Range:42,Building Area Source:Appraisal,I D X Participation Y N:1,Net Operating Income:209594,Number Of Units Total:13,Syndication Remarks:The Edroy Apartments consists of 8,052 rentable square feet built on a 7,000 square foot lot. The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units. The property is priced at $4,500,000, which breaks down to $249,923 per unit and $403 a square foot. The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.,Listing Contract Date:2024-07-20,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:1200,Tax Legal Description:OCEAN BEACH ADDN NO 3 PB 2-81 LOT 8 BLK 41 LOT SIZE 50.000 X 140 OR 13579-3445 1287 5,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:7247,Association Fee Frequency:Annually,M I A M I R E_ Internet Remarks:A residential Building in the Heart of South Beach!,Contract Status Change Date:2024-07-20,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:403.5,