Property Details
| Sold Price | $3,725,000 |
|---|---|
| Last Asking Price | $3,795,000 |
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $54,207 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1948 |
| Lot Size | 0.17 acres |
| Closed Date | 1/31/2022 |
| MLS # | A11066759 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
Most unique multifamily property on South Beach now being offered for sale. A combination of three retail outlets on the ground floor, anchored by UPS, one office tenant, and six oversized one bedroom apartments on the second floor. The property has a cap rate close to 6%. Huge upside as the property is centrally located next to Washington Avenue, which has been designated by the city of Miami Beach as a Business Improvement District (BID). The new 300 room Moxie Hotel has just opened directly across the street from the property on Washington. The retail stores have front and rear entrances which attach to a Miami Beach Municipal parking lot.
Listed by Douglas Elliman
Sales History for This Home · 901 Pennsylvania Avenue, Miami Beach, FL 33139
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11956440 | $3,250,000 | 8/24/26 |
| A11998939 | $3,250,000 | 8/24/26 |
Listed by Douglas Elliman. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.