828 Pennsylvania Avenue Miami Beach, FL 33139
MULTI_FAMILY - Miami Beach, FL
Property size:
6,608 SFLot size:
0.16 AcresPrice / SF:
$452/SF- Added:
- Feb 2, 2026
- Days on Market:
- 86
- Last Refresh:
- Apr 29 at 8:06 pm
Property Features for 828 Pennsylvania Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 3900
- Standard status
- Active
- APN
- 02-42-03-009-1440
- Size
- 6,608 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- OCEAN BEACH ADD NO 3 PB 2-81 LOT 4 BLK 45 LOT SIZE 50.000 X 140 OR 23577-1431 07 2005 1
- Tax Annual Amount
- 39072
Building Details
- Year built
- 1928
Listing agent Albert Simon License #3629204 (571) 501-0827
Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL (954) 545-5583
Listing date Feb 2, 2026
MLS# F10546676
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Miami Beach Multifamily Boutique Property
This attractive multifamily boutique property features 12 units in the Flamingo Submarket of South Beach, located two blocks from the beach. Constructed in 1928 and partially renovated in 2024, this well-maintained and fully-leased property sits on 0.16 acres. The building has a rentable area of 5,862 square feet. The unit mix consists of three studio apartments and nine one-bedroom apartments. Upgraded units feature renovated bathrooms and kitchens with stainless steel appliances. Residents have access to an on-site laundry facility. Units are equipped with a mix of wall and central air conditioning. A new roof is planned for 2025. The two-story Art Deco style building reflects the charm of Miami Beach. The property offers the opportunity to raise rents immediately or continue to upgrade units and execute a value-added strategy. The zoning is 3900. The property size is 6,608 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.134266
- Latitude
- 25.778916
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained, fully-leased 12-unit property near the beach.
Where is this apartment building located?
The property is located at 828 Pennsylvania Avenue Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Prime South Beach location in the desirable Flamingo Submarket, just two blocks from the beach.; Fully‑leased 12‑unit boutique property with immediate income potential.; Strong Pro Forma Cap Rate of 6.25% and Pro Forma NOI of $200k, indicating significant upside.
