Basic Information

  • MLS # A11563589
  • Type Commercial
  • Status Active
  • Subdivision/Complex
  • Year Built 1953
  • Total Sqft 7,500
  • Date Listed 04/04/2024
  • Days on Market 25
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 Beachs 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 Beachs 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.

Exterior Features

  • Waterfront No
  • Pool No
  • Parking Spaces 0
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 7,500
  • Sqft 7,500

Property Features

  • Address 1600 Pennsylvania Ave
  • Aprox. Lot Size 7,500
  • City Miami Beach
  • County Miami-Dade County
  • Furnished Info No
  • Listing Terms Cash,Conventional
  • Occupant Type Tenant
  • Possession Closing Funding,Subject To Tenant Rights
  • Postal City Miami Beach
  • Public Survey Township 2
  • Short Sale Regular Sale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $0
  • Tax Information 1600 PENNSYLVANIA AVE CONDO INT IN COMMON ELEMENTS OFF REC 29502-0708
  • Tax Year 0
  • Terms Considered Cash,Conventional
  • Type of Property Multi Family
  • Water Source Public

1600 Pennsylvania Ave

Miami Beach, FL 33139

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Corte Real Estate Group LLC. tel: 305-534-6679

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