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1200 Pennsylvania Ave
Miami Beach, FL 33139 Flamingo

$3,495,000 USD

Apartments For Sale • 8,052 SF

Property Details

Property Type Apartments
Total Building Size 8,052 SF
Lot Size 0.16 AC
Building Class C
Year Built 1938
Cap Rate 6.19 %
Zoning 3900

56 Transit Score

96 Walk Score

                
                    Highlights
                
                                Potential for easy reconfiguration to accommodate up to 18 units
                            
                                ***Ocean Drive Bonus Property***
                            
                                The Property is currently fully rented, 100% occupancy rate
                            
                                40-year recertification passed and approved
                            
                                World Class Location in the Heart of South Beach
                            
                                The Edroy Apartments is a boutique building designed by famed architect Ralph Murray Dixon & was formerly featured on the Art Deco tour

Cap Rate:

6.19 %

Amenities

Kitchen
Refrigerator
Oven
Range
Tub/Shower

Public Transportation

Commuter Rail	Drive	Walk	Distance
	11 min	-	5.3 mi
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	12 min	-	5.4 mi
Airport	Drive	Walk	Distance
Miami International	29 min	-	15.5 mi
Fort Lauderdale/Hollywood International	41 min	-	27.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes

Ugo Cortesano 786-942-3238 Corte Real Estate Group

1200 Pennsylvania Ave Miami Beach, FL 33139 Flamingo