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1200 Pennsylvania Ave
Miami Beach, FL 33139
The Edroy Apartments · Multifamily Property For Sale
·
13 Units
Investment Highlights
- Potential for easy reconfiguration to accommodate up to 18 units
- The Property is currently fully rented, 100% occupancy rate
- World Class Location in the Heart of South Beach
- ***Ocean Drive Bonus Property***
- 40-year recertification passed and approved
- The Edroy Apartments is a boutique building designed by famed architect Ralph Murray Dixon & was formerly featured on the Art Deco tour
Property Facts
| No. Units | 13 | Building Size | 8,052 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1938/1945 |
| Building Class | C | Parking Ratio | 0.37/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | 3900 - A residential Building in the Heart of South Beach! | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 8,052 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1938/1945 |
| Parking Ratio | 0.37/1,000 SF |
| Zoning | 3900 - A residential Building in the Heart of South Beach! |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 503 |
| 1+1 | 5 | - | 667 |
| 2+1 | 3 | - | 630 |
| 2+2 | 2 | - | 742 |
Property Taxes
| Parcel Number | 02-4203-009-0930 | Improvements Assessment | $1,015,000 |
| Land Assessment | $1,260,000 | Total Assessment | $2,275,000 |
Property Taxes
Parcel Number
02-4203-009-0930
Land Assessment
$1,260,000
Improvements Assessment
$1,015,000
Total Assessment
$2,275,000
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