Eric Miller
Cell: 954-383-8170
1600 Pennsylvania Ave, Miami Beach
$6,000,000
0 Bed
0 Bath
0 Acre
0 Garage
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.
Essential Information
MLS® #A11563589
Price$6,000,000
Bathrooms0.00
Acres0.00
Year Built1953
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address1600 Pennsylvania Ave
Area32
CityMiami Beach
CountyMiami-Dade County
StateFL
Zip Code33139-7762
Additional Information
Date ListedApril 4th, 2024
Days on Market30
Listing Details
Listing Courtesy ofCorte Real Estate Group LLC
LISTING MAP
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