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900 Pennsylvania Ave
Miami Beach, FL 33139
South Beach Multifamily · Multifamily Property For Sale
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14 Units
Investment Highlights
- 14-unit multifamily building in the heart of South Beach, Miami, with value-add opportunity through raising rents.
- Population within a 5-mile radius has steadily grown over the past decade, with average household incomes surpassing $102,000 annually.
- South Beach offers many amenities, such as access to Interstate 195 and a vibrant food, entertainment, and shopping scene.
- This is the ideal submarket for investors as 70% of residents in the area rent rather than own their homes.
Property Facts
| No. Units | 14 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 8,502 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1936 |
| Building Class | C | Parking Ratio | 0.35/1,000 SF |
| Zoning | RM-1 - Residential Multifamily | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 8,502 SF |
| No. Stories | 2 |
| Year Built | 1936 |
| Parking Ratio | 0.35/1,000 SF |
| Zoning | RM-1 - Residential Multifamily |
Amenities
Unit Amenities
- Refrigerator
- Oven
Property Taxes
| Parcel Number | 02-4203-009-1320 | Improvements Assessment | $1,520,000 |
| Land Assessment | $1,260,000 | Total Assessment | $2,780,000 |
Property Taxes
Parcel Number
02-4203-009-1320
Land Assessment
$1,260,000
Improvements Assessment
$1,520,000
Total Assessment
$2,780,000
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