USAFLMiami Beach1329 Pennsylvania Ave
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$3,200,000

5 months ago

1329 Pennsylvania Ave, Miami Beach, FL

0 Bed

0 Bath

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MLS® A11888408

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $31,114
Days Active 140
Approx. Age 1936
MLS® Number A11888408

Property Address: 1329 Pennsylvania Ave, Miami Beach, FL, 33139-4025

Average square foot calculated using Size range provided by listing agent.

Description

1329 Pennsylvania Avenue (aka Shermon Court) is a 1936 Art Deco building masterfully designed by Henry Hohauser, one of South Beach's signature architects in the Deco era. This is a well-maintained 8-unit apartment building, each with spacious 1-bed/1-bath layouts. The building also has common laundry facilities as well as 5 off street parking spaces. All units are occupied by excellent long-term tenants on month-to-month leases at $1, 700 ?— well below market. With renovations, rents can be repositioned to $2, 300 - $2, 500, offering strong upside potential. The property has passed its 40-year recertification and boasts a rich Miami Beach history, blending architectural character with modern stability. A rare investment opportunity with secure cash flow and significant value-add potential.
MLS® NumberA11888408
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1936
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building & Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 2, 2025List Date
$3,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
1329 Pennsylvania Ave, Miami Beach, FL

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