Ocean Beach Addn No 3
$3,375,000
1200 Pennsylvania Ave, Miami Beach, FL 33139
For Sale
Multifamily
Duplex / Triplex / Fourplex
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.
Location

Gallery

















