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1200 Pennsylvania Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Residential Income

$3,495,000

Residential Income Active

1200 Pennsylvania Ave, Miami Beach FL 33139

WhatsApp Pinterest Facebook Twitter Linkedin Email

Residential Income Active

1200 Pennsylvania Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Residential Income

1200 Pennsylvania Ave, Miami Beach FL 33139

$3,495,000

Overview

Duplex
Property Type

8052
Square Feet

1938
Year Built

Description

The Edroy Apartments consists of 8,052 rentable square feet built on a 7,000 square foot lot.
The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units.
The property is priced at $3,249,000, which breaks down to $249,923 per unit and $403 a square foot.
The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.

Address

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Address Pennsylvania Ave
City Miami Beach
State/county Miami-Dade County
Zip/Postal Code 33139
Area OCEAN BEACH ADDN NO 3

Details

Updated on April 10, 2025 at 3:26 pm

Property ID: A11631806
Price: $3,495,000
Property Size: 8052 Square Feet
Year Built: 1938
Property Type: Duplex
Property Status: Residential Income

Additional details

PublicSurveyRange: 42
ShowingInstructions: 24 Hour Notice,Appointment Only,Call Listing Agent
ListAgentKey: 7ef3fa6882236531125958255d38502d
TaxLegalDescription: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 8 BLK 41 LOT SIZE 50.000 X 140 OR 13579-3445 1287 5
OnMarketDate: 2024-07-20
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-07-20
MajorChangeTimestamp: 2025-04-10T12:32:31.557Z
Flooring: Other
PhotosCount: 19
Cooling: Ceiling Fan(s),Wall/Window Unit(s)
StatusChangeTimestamp: 2025-01-30T20:08:29.670Z
MIAMIRE_TypeofAssociation: Other
BuildingName: OCEAN BEACH ADDN NO 3
AssociationFeeFrequency: Annually
MIAMIRE_AdjustedAreaSF: 7247
PriceChangeTimestamp: 2025-04-10T12:32:31.557Z
ListingKeyNumeric: 398957877
MajorChangeType: Price Increase
ListingContractDate: 2024-07-20
Zoning: 3900
ListAOR: A-Miami Association of REALTORS
MLSAreaMajor: Ocean Beach Addn No 3
TaxAnnualAmount: 41384
ListOfficeName: Corte Real Estate Group LLC
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 434.05
OriginatingSystemKey: miamire
PhotosChangeTimestamp: 2025-04-10T12:39:09.901Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 305-534-6679
MlsStatus: Active
StreetNumber: 1200
ListingKey: a6f7191e2b2d9fafd2bdc9e28a6e9af6
StateOrProvince: FL
ShowingContactType: Agent
ListOfficeKey: 860aaa98e60b80b75cb762295a836d2f
BridgeModificationTimestamp: 2025-04-10T12:39:09.921Z
ListAgentFullName: Ugo Cortesano
Roof: Other
ParkingTotal: 0
ListAgentOfficePhone: 305-534-6679
Stories: 2
ParcelNumber: 02-42-03-009-0930
ListingTerms: All Cash,Conventional
OperatingExpense: 101805
YearBuiltDetails: Effective Year Built
OtherExpense: 0
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3358320
StoriesTotal: 2
ModificationTimestamp: 2025-04-10T12:34:09.420Z
OriginatingSystemID: miamire
PreviousListPrice: 3375000
DaysOnMarket: 223
NetOperatingIncome: 209594
ListOfficeMlsId: CGRO01
ListAgentDirectPhone: 786-942-3238
StreetNumberNumeric: 1200
PostalCodePlus4: 4496
NumberOfUnitsInCommunity: 0
Sewer: Public Sewer
SyndicationRemarks: The Edroy Apartments consists of 8,052 rentable square feet built on a 7,000 square foot lot. The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units. The property is priced at $3,249,000, which breaks down to $249,923 per unit and $403 a square foot. The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.
Heating: Electric
MIAMIRE_LPAmtSqFt: 434.0537
StructureType: Duplex
BuildingAreaSource: Appraisal
Model: Multifamily
BuilderModel: Multifamily
TotalActualRent: 25450
ListAgentStateLicense: 3358320
PublicSurveyTownship: 42
StreetName: Pennsylvania Ave
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 34
WindowFeatures: Clear Impact Glass,Impact Glass
OriginalListPrice: 4500000
BuildingAreaUnits: Square Feet
RentIncludes: Gas,Hot Water,Gardener,Sewer,Trash Collection,Water
InternetEntireListingDisplayYN: 1
TaxYear: 2023
OriginalEntryTimestamp: 2024-07-29T20:18:02.103Z
SourceSystemKey: 398957877
LotFeatures: 1/4 To Less Than 1/2 Acre Lot
DocumentsAvailable: Copy Of Lease(S)
ConstructionMaterials: CBS Construction
MIAMIRE_Style: Duplex
NumberOfUnitsTotal: 13
AssociationFee: 0
LotSizeSquareFeet: 0
ArchitecturalStyle: Other
BuildingAreaTotal: 8052