This Multifamily Property is no longer advertised on LoopNet.com.

1551 Pennsylvania Ave
Miami Beach, FL 33139
 Sabrina Apartments · Multifamily Property For Sale · 20 Units

Apartment Buildings Florida Miami Beach 1551 Pennsylvania Ave, Miami Beach, FL 33139

Investment Highlights

  • Pro Forma: NOI $107957, Cap Rate 5.14 % based on the May 2022 AMI.
  • 50 yrds from Lincoln Road Mall
  • Short term Availability once buyer is able to lift Rental Restriction

Property Facts

No. Units 20 Building Size 10,690 SF
Property Type Multifamily Average Occupancy 95%
Property Subtype
Apartment
  • Multifamily Dormitory
 No. Stories 2
Apartment Style Low-Rise Year Built/Renovated 1947/2021
Building Class C Parking Ratio 0.28/1,000 SF
Lot Size 0.18 AC
Zoning RM-1, Miami Beach - Residential / Multi-Family / Affordable Housing
No. Units 20
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 10,690 SF
Average Occupancy 95%
No. Stories 2
Year Built/Renovated 1947/2021
Parking Ratio 0.28/1,000 SF
Zoning RM-1, Miami Beach - Residential / Multi-Family / Affordable Housing

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Refrigerator

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 - 455

Links

Property Taxes

Parcel Number 02-3234-002-0810 Improvements Assessment $0
Land Assessment $0 Total Assessment $2,314,742

Property Taxes

Parcel Number
02-3234-002-0810
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,314,742
 

  • Listing ID: 25195100

  • Date on Market: 3/7/2022

  • Last Updated:

  • Address: 1551 Pennsylvania Ave, Miami Beach, FL 33139

More public record information on 1551 Pennsylvania Ave, Miami Beach, FL 33139

The Flamingo Multifamily Property at 1551 Pennsylvania Ave, Miami Beach, FL 33139 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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