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1600 Pennsylvania Avenue, Miami Beach, FL 33139
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$6,000,000
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Home Details for 1600 Pennsylvania Avenue
Price
$6,000,000
Type
Multi Family
Total Bathrooms
1
Full Bathrooms
1
Year Build
1953
Sq. Ft.
439
County
Miami-Dade
Garage
4
Tax
$55,062
MLS®️ Listing#
R11036026
On exitrealty.com
301 days
Property Description
The White House Apartments at Lincoln Road, a 19-unit multifamily building property in the heart of South Beach. The property is located adjacent to the famous Lincoln Road, a highly desirable location for renters on South Beach. Furthermore, the property is within walking distance to all of South Beach's attractions including Ocean Drive, Collins, Washington Avenue and Flamingo Park. The building has a total of 19 units, of which 18 units are large studios of an average size of 438 square feet, and one unit is a two-bedroom, two-bathroom apartment of 866 square feet. The 19 units are in line with South Beach's typical standards, which historically have been running close to 100% occupancy rates. In-place effective rents at the property average $4.25 per square foot.
- Utilities
- None
- Water Not Available
- Waterfront and Water Access
- None
- Cooling Information
- Electric
- Heating Information
- Electric
- Water Features
- None
Listing Courtesy: Lead Consulting Group LLC - 561-664-8100

The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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$6,000,000
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EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445