1329 Pennsylvania Ave ,Free Standing, Income Non-waterfront для продажи & аренды

1329 Pennsylvania Ave для продажи & аренды

Цена $3,200,000.00

• Размер территории 7500
• Год постройки 1936
• Вид на воду
• Zip 33139
• Стиль
• Парковка
• Бассейн Yes
• Статус Active

Описание

1329 Pennsylvania Avenue (aka Shermon Court) is a 1936 Art Deco building masterfully designed by Henry Hohauser, one of South Beach's signature architects in the Deco era. This is a well-maintained 8-unit apartment building, each with spacious 1-bed/1-bath layouts. The building also has common laundry facilities as well as 5 off street parking spaces. All units are occupied by excellent long-term tenants on month-to-month leases at $1,700 ?? well below market. With renovations, rents can be repositioned to $2,300 - $2,500, offering strong upside potential. The property has passed its 40-year recertification and boasts a rich Miami Beach history, blending architectural character with modern stability. A rare investment opportunity with secure cash flow and significant value-add potential.

OCEAN BEACH NO 3 PB 2-81 LOT 12 BLK 39 LOT SIZE 50.000 X 150 OR 17313-2432 0896 1

1329 Pennsylvania Avenue (aka Shermon Court) is a 1936 Art Deco building masterfully designed by Henry Hohauser, one of South Beach's signature architects in the Deco era. This is a well-maintained 8-unit apartment building, each with spacious 1-bed/1-bath layouts. The building also has common laundry facilities as well as 5 off street parking spaces. All units are occupied by excellent long-term tenants on month-to-month leases at $1,700 ?? well below market. With renovations, rents can be repositioned to $2,300 - $2,500, offering strong upside potential. The property has passed its 40-year recertification and boasts a rich Miami Beach history, blending architectural character with modern stability. A rare investment opportunity with secure cash flow and significant value-add potential.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Latitude:25.7846961,Lease Term:Month To Month,List Price:3200000,Listing Id:A11888408,Longitude:-80.1337923,Mls Status:Active,Year Built:1936,Inclusions:Building & Land,Postal Code:33139,Street Name:Pennsylvania Ave,Coordinates:1:25.7846961,Photos Count:29,Business Type:1:Residential-Multi-Family,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2025-10-02,Parcel Number:02-42-03-009-0700,Property Type:Commercial Sale,Stories Total:2,Street Number:1329,Public Remarks:1329 Pennsylvania Avenue (aka Shermon Court) is a 1936 Art Deco building masterfully designed by Henry Hohauser, one of South Beach's signature architects in the Deco era. This is a well-maintained 8-unit apartment building, each with spacious 1-bed/1-bath layouts. The building also has common laundry facilities as well as 5 off street parking spaces. All units are occupied by excellent long-term tenants on month-to-month leases at $1,700 ?? well below market. With renovations, rents can be repositioned to $2,300 - $2,500, offering strong upside potential. The property has passed its 40-year recertification and boasts a rich Miami Beach history, blending architectural character with modern stability. A rare investment opportunity with secure cash flow and significant value-add potential.,County Or Parish:Miami-Dade County,Expiration Date:2026-05-31,List Office Name:BHHS EWM Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4025,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:31114,Unparsed Address:1329 Pennsylvania Ave, Miami Beach FL 33139,Building Features:1:Laundry Facilities,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:5760,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:7500,M I A M I R E_ Flood Zone:AE,M I A M I R E_ Num Floors:2,Number Of Buildings:1,Original List Price:3200000,Public Survey Range:42,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,M I A M I R E_ Num Tenants:8,Syndication Remarks:1329 Pennsylvania Avenue (aka Shermon Court) is a 1936 Art Deco building masterfully designed by Henry Hohauser, one of South Beach's signature architects in the Deco era. This is a well-maintained 8-unit apartment building, each with spacious 1-bed/1-bath layouts. The building also has common laundry facilities as well as 5 off street parking spaces. All units are occupied by excellent long-term tenants on month-to-month leases at $1,700 ?? well below market. With renovations, rents can be repositioned to $2,300 - $2,500, offering strong upside potential. The property has passed its 40-year recertification and boasts a rich Miami Beach history, blending architectural character with modern stability. A rare investment opportunity with secure cash flow and significant value-add potential.,Listing Contract Date:2025-10-02,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Call Listing Agent,Street Number Numeric:1329,Tax Legal Description:OCEAN BEACH NO 3 PB 2-81 LOT 12 BLK 39 LOT SIZE 50.000 X 150 OR 17313-2432 0896 1,Gross Scheduled Income:163200,M I A M I R E_ Current Price:3200000,Public Survey Township:42,M I A M I R E_ Municipal Code:2,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:1329 Pennsylvania Avenue is a 1936 Art Deco building masterfully designed by Henry Hohauser, one of South Beach's signature architects in the Deco era,M I A M I R E_ Parcel Number M L X:0700,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.784685$-80.13379$276.13$13.33$1.00$nOTdxKohx81QUxlKndh89w,Contract Status Change Date:2025-10-02,Internet Address Display Y N:1,Number Of Units In Community:8,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:9,M I A M I R E_ Agent Alternate Phone:561-870-2211,M I A M I R E_ Occupancy Percentage:100,M I A M I R E_ Improvement Height C O M:2 Stories,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1329 Pennsylvania Ave,Internet Automated Valuation Display Y N:1,