12 units Exclusive Investment Opportunity in Miami Beach Almost completely renovated 12-unit, 8,140 SF low-rise buildingseamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigiouslocation. Property Highlights: ? Turnkey Investment - Fully renovated with new roof (August 2024) ? Strong RentalHistory - 95% occupancy rate, ensuring stable cash flow ? Unit Mix & Sizes: 8 Studios (Avg. 500 SF) - Rented at1,650/month - 4 One-Bedroom Units (Avg. 700 SF) - Rented at 2,100/month ? Recertification Passed - Fullycompliant and up to code ? Projected Cap Rate: 6.76% upon rental completion ART DECO DISTRICT
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1124 Pennsylvania Ave, Miami Beach, FL 33139 · MLS# A11873913
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