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Ocean Beach Addn No 3

$3,375,000

1200 Pennsylvania Ave, Miami Beach, FL 33139

Active
Last Updated: 03/09/2025

209,594

NOI

8,052 sqft

Building Size

Details:
NOI:    $209,594
Building Size:    8,052 sqft
Year Built:    1938
Floors:    2
Gross Leaseable Area:    8,052
Highlights:
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Documents Available: Copy Of Lease(S)
  • Architectural Style: Other
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating: Electric
  • Flooring: Other
  • Construction Materials: CBS Construction
Description:

The Edroy Apartments consists of 8,052 rentable square feet built on a 7,000 square foot lot.
The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units.
The property is priced at $3,249,000, which breaks down to $249,923 per unit and $403 a square foot.
The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.

Map:
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