logo_image
(954) 789-3186 Helena.Grossberg@outlook.com
logo_image
logo_image
(954) 789-3186
Helena.Grossberg@outlook.com
MLS# A11873913 - 1124 Pennsylvania Ave Miami Beach, FL 33139
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 at$1,650/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

The Keyes Company is the brokerage office representing the owner for this listing.
© Copyright 2025 Miami Multiple Listing Service All Rights Reserved. The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Multiple Listing Service, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
The MLS data provided for the property above is provided courtesy of AfterNorth and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This website is a service of ALM Realty & Services, Inc., a broker participant of the Miami Association of REALTORS®. ALM Realty & Services, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. MiamiRE data last updated at Sep 8 2025 1:28PM.

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 at$1,650/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

The Keyes Company is the brokerage office representing the owner for this listing.
© Copyright 2025 Miami Multiple Listing Service All Rights Reserved. The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Multiple Listing Service, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
The MLS data provided for the property above is provided courtesy of AfterNorth and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This website is a service of ALM Realty & Services, Inc., a broker participant of the Miami Association of REALTORS®. ALM Realty & Services, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. MiamiRE data last updated at Sep 8 2025 1:28PM.