1935 Park Ave | Miami Beach, FL 33139
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This Multifamily Property is no longer advertised on LoopNet.com.
1935 Park Ave
Miami Beach, FL 33139
Park Avenue Apartments · Multifamily Property For Sale
·
35 Units

INVESTMENT HIGHLIGHTS
- World Renowned South Beach Location
- RM-2 Zoning Allowing for Repositioning into Short-Term Rentals or Hospitality
- Excellent Unit Mix of Studios, One-Bedroom and Three-Bedroom Units
- Walking Distance to Miami Beach Convention Center, Beaches, and Other Attractions
- Zoning Allows an Investor to Increase the Building SF to Approximately 36,000 SF
- Upside in Rental Income
PROPERTY FACTS
| No. Units | 35 | Lot Size | 0.41 AC |
| Property Type | Multifamily | Building Size | 21,750 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1936 |
| Building Class | C | ||
| Zoning | RM-2 - RM-2 Residential Multifamily, Medium Density | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 21,750 SF |
| No. Stories | 2 |
| Year Built | 1936 |
| Zoning | RM-2 - RM-2 Residential Multifamily, Medium Density |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Tenant Controlled HVAC
- Recycling
- Walking/Biking Trails
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | $1,413 | 400 |
| 1+1 | 26 | $1,700 | 675 |
| 3+2 | 1 | $3,000 | 1,000 |
LINKS
PROPERTY TAXES
| Parcel Number | 02-3226-001-0280 | Improvements Assessment | $2,790,000 |
| Land Assessment | $2,970,000 | Total Assessment | $5,760,000 |
PROPERTY TAXES
Parcel Number
02-3226-001-0280
Land Assessment
$2,970,000
Improvements Assessment
$2,790,000
Total Assessment
$5,760,000
Listing ID: 29989928
Date on Market: 11/7/2023
Last Updated:
Address: 1935 Park Ave, Miami Beach, FL 33139
The City Center Multifamily Property at 1935 Park Ave, Miami Beach, FL 33139 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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