No photos available
Offered at
$3,200,000
1329 Pennsylvania Avenue, Miami Beach, FL 33139
- 0
- Beds
- 0
- Full Baths
- 5,760
- Sq.Ft.
Listing courtesy of Ben Brissi, BHHS EWM Realty
Property 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.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 1329 Pennsylvania Avenue, Miami Beach, FL 33139
- Zoning
- 3900
- MLS ID
- A11888408
- Listing Date
- 2025-10-02
- Last Updated
- 5/19/2026, 9:12:32 PM
- Days on Market
- 253
Features & Amenities
The Details
Exterior
- Construction
- Stucco
Details
- Building Area
- 5,760 sq.ft.
- Lot Size
- 7,500 sq.ft.
- Lot Size (Acres)
- 0.17 acres
- Stories
- 2
- Year Built
- 1936
- County
- Miami-Dade
- Zoning
- 3900
Financial
- List Price
- $3,200,000
- Original List Price
- $3,200,000
- Annual Tax
- $31,114/yr
- Tax Year
- 2024
Location
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.