100 Keyes, 1926 - 2026
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1124 Pennsylvania Ave , Miami Beach, FL 33139


Sold For: 2900000

Sold on: Oct 31st, 2025
$ Per Square Foot: $356.27
Beds: 0
Baths:
Days on Market: 54
1124 Pennsylvania Ave , Miami Beach, FL 33139

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Comments for 1124 Pennsylvania Ave , Miami Beach, FL 33139

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

Cooling: Electric Lot Description: Less Than 1/4 Acre Lot
Crops Included Y/N: No Parcel#: 02-42-03-009-1040
Days on Market: 54 Property Attached Y/N: No
Exterior: CBS Construction Property Sub-Type: Quadruplex
Flooring: Parquet Roof Type: Flat Roof With Facade Front
Heating: Electric Sewer: Public Sewer
Home Warranty Y/N: No Stories: 2.0
Lease Considered Y/N: No Taxes: $33,824
Listing Terms: All Cash, Conventional, Exchange Year Built: 1948
agent picture

Listed By

Agency Name: The Keyes Company
Agent Name: Fabrizio Passatore

Shown By

Agent Name: Luis Consuegra
Agent Phone: 954.937.5137

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