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8-Unit Art Deco Apartment Building
For Sale
$3,200,000

1329 Pennsylvania Ave, Miami Beach, FL 33139

Commercial Sale, Miami Beach, FL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market94

Property Features for 1329 Pennsylvania Ave

General Information

Property type Commercial Sale
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

Amenities

common laundry facilities

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
Listed By: Ben Brissi · License #3288847
Added: Jun 30 Changed: Sep 30 Last Checked: Oct 1 at 8:06AM
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.

This Miami Beach apartment property contains 8 units, each configured with 1 bedroom and 1 bathroom. Built in 1936, the Art Deco structure was designed by Henry Hohauser and features stucco construction with a built-up roof. Common laundry facilities and 5 off-street parking spaces are included.

All units are occupied by long-term tenants under month-to-month leases. The property has completed its 40-year recertification. Located at 1329 Pennsylvania Ave in Miami Beach, the building combines a documented historic architectural design with an established residential configuration.

Key Highlights

  • 8‑unit apartment building with 1‑bedroom, 1‑bath layouts
  • Built in 1936 with Art Deco design by Henry Hohauser
  • 5 off‑street parking spaces

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Nursing Home Restaurant Adult Day Care Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

8,611
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Art Deco character, shared laundry, and off-street parking serve the existing apartment use.
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: 8‑unit apartment building with 1‑bedroom, 1‑bath layouts; Built in 1936 with Art Deco design by Henry Hohauser; 5 off‑street parking spaces
More about this property
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