Art Deco 8-Unit Apartment
For Sale
$3,200,000
1329 Pennsylvania Ave, Miami Beach, FL 33139
MULTI_FAMILY - Miami Beach, FL
Property SizeContact for details
Lot Size0.17 Acres
Days on Market60
Property Features for 1329 Pennsylvania Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
3900
Subdivision
32
Standard status
Active
APN
02-42-03-009-0700
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
OCEAN BEACH NO 3 PB 2-81 LOT 12 BLK 39 LOT SIZE 50.000 X 150 OR 17313-2432 0896 1
Tax Annual Amount
31114
Legal Description
OCEAN BEACH NO 3 PB 2-81 LOT 12 BLK 39 LOT SIZE 50.000 X 150 OR 17313-2432 0896 1
Building Details
Year built
1936
Floors in Building
2
Number of units
8
Building materials
Stucco
Roof type
Built-Up
Listing Agency:
BHHS EWM Realty
(305) 674-4000
Listed By:
Ben Brissi · License #3288847
(561) 870-2211
Added: Jun 18
Changed: Jun 30
Last Checked: Aug 16 at 9:06PM
MLS# A11888408
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
1329 Pennsylvania Avenue (also known as Shermon Court) is a well-maintained 1936 Art Deco apartment building designed by Henry Hohauser. The property contains eight units, each featuring a 1-bedroom and 1-bath layout. Common laundry facilities are available onsite, and the building includes five off-street parking spaces.
The property is located at 1329 Pennsylvania Ave in Miami Beach, Florida 33139, in Miami-Dade County. The current operating setup includes tenants in place on month-to-month leases, supporting an immediately occupied arrangement.
For buyers seeking a small multifamily asset with stable in-place residency, this building offers a straightforward unit mix with shared laundry and limited off-street parking. The month-to-month lease structure may be appealing to operators looking for flexibility in managing and updating rents over time, subject to applicable requirements and execution of any renovations.
The property is located at 1329 Pennsylvania Ave in Miami Beach, Florida 33139, in Miami-Dade County. The current operating setup includes tenants in place on month-to-month leases, supporting an immediately occupied arrangement.
For buyers seeking a small multifamily asset with stable in-place residency, this building offers a straightforward unit mix with shared laundry and limited off-street parking. The month-to-month lease structure may be appealing to operators looking for flexibility in managing and updating rents over time, subject to applicable requirements and execution of any renovations.
Key Highlights
- Well‑maintained 8‑unit apartment building built in 1936 with stucco exterior and built‑up roof
- Henry Hohauser‑designed Art Deco building at 1329 Pennsylvania Avenue (aka Shermon Court)
- Each unit offers a spacious 1 bed/1 bath layout
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
8,611
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 8-unit building with 1-bedroom layouts, common laundry, and off-street parking.
Where is this apartment building located?
The property is located at 1329 Pennsylvania Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Well‑maintained 8‑unit apartment building built in 1936 with stucco exterior and built‑up roof; Henry Hohauser‑designed Art Deco building at 1329 Pennsylvania Avenue (aka Shermon Court); Each unit offers a spacious 1 bed/1 bath layout
