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Keller Williams Realty Boca Raton
1124 Pennsylvania Avenue, Miami Beach, FL 33139
- $2,900,000
- 8,140
- SqFt
- Sold Price
- $2,900,000
- List Price
- $3,300,000
- Days on Market
- 25
- Closing Date
- Oct 31, 2025
- MLS#
- A11873913
- Sq. Ft
- 8,140
- Subtype
- Quadruplex
- County
- Miami-Dade
- Subdivision
- Ocean Beach Addn No 3
- Year Built
- 1948
Property Description
12 units Exclusive Investment Opportunity in Miami Beach Almost completely renovated 12-unit, 8,140 SF low-rise buildingseamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigiouslocation. Property Highlights: ? Turnkey Investment – Fully renovated with new roof (August 2024) ? Strong RentalHistory – 95% occupancy rate, ensuring stable cash flow ? Unit Mix & Sizes: 8 Studios (Avg. 500 SF) – Rented at$1,650/month - 4 One-Bedroom Units (Avg. 700 SF) – Rented at $2,100/month ? Recertification Passed – Fullycompliant and up to code ? Projected Cap Rate: 6.76% upon rental completion ART DECO` DISTRICT
Additional Information
- Hoa
- Yes
- Construction
- Block
- Cooling
- Electric
- Flooring
- Parquet
- Heating
- Electric
- Roof
- Flat
- Taxes
- $33,824
- Utilities
- Cable Available
- Stories
- 2
- Price Per Sqft
- $356
Mortgage Calculator
Listing courtesy of The Keyes Company. Contact:
Selling Office: The Keyes Company.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Fabrizio Passatore | Email: fabriziopassatore@gmail.com