1600 Pennsylvania Ave, Miami Beach, Florida, United States

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Home For Sale

$6,000,000

1600 Pennsylvania Ave
Miami Beach, Florida, United States

Listed By: Realtyww Info

Listed On: 07/30/2025

Listing ID: GL11822351 View More Details

Description

The White House Apartments at Lincoln Road, a 19-unit multifamily building property in the heart of South Beach. The property is located adjacent to the famous Lincoln Road, a highly desirable location for renters on South Beach. Furthermore, the property is within walking distance to all of South Beachs attractions including Ocean Drive, Collins, Washington Avenue and Flamingo Park. The building has a total of 19 units, of which 18 units are large studios of an average size of 438 square feet, and one unit is a two-bedroom, two-bathroom apartment of 866 square feet. The 19 units are in line with South Beachs typical standards, which historically have been running close to 100% occupancy rates. In-place effective rents at the property average $4.25 per square foot.

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Listed by: Corte Real Estate Group Llc