1600 Pennsylvania Avenue

Miami Beach, FL 33139

$6,000,000
Price
Beds
Baths
439 Sq. Ft.
$13,667 / Sq. Ft.
439
Sq. Ft.
$13,667
per Sq. Ft.

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,...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.
  1. Listed by Emel Onur • Lead Consulting Group LLC
  2. Listed by Ugur Atac • Lead Consulting Group LLC

Property Details for 1600 Pennsylvania Avenue

Subdivision
1600 PENNSYLVANIA AVE CON
Waterfront
No
Waterfront Details
None
View
Other
Style
No Pool/No Water
LISTING UPDATED: 01/19/2025 09:57 AM

Property Details for 1600 Pennsylvania Avenue

StatusActive
MLS #RX-11036026
Days on Market107
Taxes$55,062 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1953
Lot Size0.17 AC / 7,500 SF
CountyMiami-Dade County

Building

1600 PENNSYLVANIA AVE

2 StoriesBuilt in 1953

Building Information for 1600 Pennsylvania Avenue

Stories2Residences-Year Built1953Building Size-Lot Size0.17 AC / 7,500 SF

Property Information for 1600 Pennsylvania Avenue

Summary
Location and General Information
  • Property Condition: Resale
  • Development Name: White House Apartments
  • Directions: Pls use the navigator.
  • Geo Area: DADE
  • Street Number: 1600
  • Subdivision Complex Bldg: 1600 PENNSYLVANIA AVE CON, White House Apartments
  • Municipal Code: 2
  • State: FL
  • City Postal ID: 33139
  • MLS Area: 2320
  • MLS Sub Area: DADE
Parking
  • Carport Spaces: 0
  • Garage Spaces: 4
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2023
  • Maintenance Fee Incl: None
  • HOA Dues: $0
Property
Lot Information
  • Area: 2320
  • HOA Amenities: None
  • Lot Description: Corner Lot
  • Parcel ID: 0232342350020
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 8,780
  • Square Ft Source: Owner
  • Zoning: 0000
Property and Assessments
  • Legal Desc: 1600 PENNSYLVANIA AVE CON
  • Sq Ft Liv Area: 439.0
  • Legal Description: 1600 PENNSYLVANIA AVE CON
Utilities
  • Utilities: None
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick
  • Exterior Features: None
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: None
  • Gated Community YN: No
Interior Features
  • Roof: Other
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Electric
  • Flooring: Ceramic Tile
  • Heating: Electric
  • Guest Accommodations: No
  • Spa: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $350,000.00
  • Income & Expenses: Annual Total Expense: $85,000.00
  • Income & Expenses: Gross Operating Inc: $435,000.00
  • Tenant Pays: Electric, Insurance
Unit 1
  • Unit 1 Desc: A/C Unit, Kitchen
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: Yes
  • Unit 1 Info: Monthly Income: 2,000
  • Unit 1 Info: SqFt: 439.0
  • Unit 1 Parking: None
Unit 2
  • Unit 2 Desc: A/C Unit, Kitchen
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: Yes
  • Unit 2 Info: Monthly Income: $2,000
  • Unit 2 Info: SqFt: 439.0
  • Unit 2 Parking: None
Rental
Rental Information
  • Pets on Premises: No

Property History for 1600 Pennsylvania Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1600 Pennsylvania Avenue

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Fienberg/Fisher K-8 Center
PublicPK to 8

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1600 Pennsylvania Avenue is a multi-family home for sale in Miami Beach, FL 33139. This property was listed for sale on November 11, 2024 by Lead Consulting Group LLC, it's currently listed at $6,000,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Air Base K-8 Center for International Education, Fienberg/Fisher K-8 Center and Nautilus Middle School. 1600 Pennsylvania Avenue is a 0-bed, 0-bath, 439 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lead Consulting Group LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.