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901 Pennsylvania Ave - Miami Beach, Florida

Property Details:
  • 901 Pennsylvania Ave - Miami Beach, Florida
  • Price: $3,695,000
  • Neighborhood: Miami Beach
  • Commercial
  • Lot Size: 7500 Sq Ft
  • Listing ID: A10576296

901 Pennsylvania Ave - Miami Beach, Florida

SALE PRICE REDUCED to $3,695,000, CAP RATE at 5.5%. The property generates an NOI of $202,640. Features retail stores on the ground floor anchored by UPS and six over-sized one bedroom, one bath apartments on the second floor. Outstanding location in the center of south beach, corner property, two blocks from the ocean with parking next to the building.


This listing courtesy of Douglas Elliman

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575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2019 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. DRE # 01947727

Source: Miami Association of Realtors. Last date updated: 03/21/2019.