1124 Pennsylvania Ave
- Miami Beach, FL 33139
- $3,500,000
- 0 Bed(s)
- 0 Baths
- 8,140 Sqft.

Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 vacancies). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 1BR/1BA. It has over $450,000 in combined CapEx between the current and previous owner. The property includes community laundry and features 5 parking spaces. The exterior was fully painted in 2023 ($31k) and the roof was replaced in 2024 ($87k).
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: CBRE, Inc.. tel: 954-462-5655
Real Estate IDX Powered by: TREMGROUP
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: CBRE, Inc.. tel: 954-462-5655
Real Estate IDX Powered by: TREMGROUP
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