1329 Pennsylvania Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale
- $3,200,000
- $3,200,000
Description
1329 Pennsylvania Avenue (aka Shermon Court) is a 1936 Art Deco building masterfully designed by Henry Hohauser, one of South Beach’s signature architects in the Deco era. This is a well-maintained 8-unit apartment building, each with spacious 1-bed/1-bath layouts. The building also has common laundry facilities as well as 5 off street parking spaces. All units are occupied by excellent long-term tenants on month-to-month leases at $1,700 ?— well below market. With renovations, rents can be repositioned to $2,300 – $2,500, offering strong upside potential. The property has passed its 40-year recertification and boasts a rich Miami Beach history, blending architectural character with modern stability. A rare investment opportunity with secure cash flow and significant value-add potential.
Overview
- Income/MultiFamily
- sqft
- 1936
- A11888408
Details
Actualizado en abril 2, 2026 a 9:26 pm-
Property ID A11888408
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Price $3,200,000
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Year Built 1936
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Type Income/MultiFamily
Additional details
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Tamaño del lote 7500
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Cantidad de fotos 29
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Nombre de la calle Pennsylvania Ave
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Número de la calle 1329
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Impuestos Anuales 31114
Features
Address
Open on Google Maps-
Address: Pennsylvania Ave
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33139
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