Offered at a 5.5% Proforma Cap, the property is currently 100% occupied. The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 1BR/1BA. It has over $480,000 in combined CapEx between the current and previous owner. The exterior was last painted in 2023. The property features community laundry. There are also four fully-renovated units in the community.

This listing is courtesy of Periklis Synanidis at CBRE, Inc. em:perry.synanidis@cbre.com ph:352-278-7572.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0242030091060 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 02-2030-009-1060 (0242030091060)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 1110 Pennsylvania Ave
City: Miami Beach
State: Florida
Zip Code: 33139-4502 (Listings)
County: Miami-Dade (Listings)
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Building Size - English*
Living Square Feet: 8,645
Actual Square Feet: 8,645
Adjusted Square Feet: 6,991
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Lot Size - English*
Lot Size (sf): 7,000
Lot Size (acres): 0.16
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Building Size - Metric*
Living Square Meters: 803.15
Actual Square Meters: 803.15
Adjusted Sq M: 649.48
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Lot Size - Metric*
Lot Size (sq m): 650
Lot Size (ha): 0.07
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Zoning & Land Use*
Land Use: 0303 - Multifamily 10 Units Plus : Multifamily 3 Or More Units
Zoning: 3900 - Multi-family - 38-62 U/a
Municipal Zoning: RM-1 (Miami Beach)
All Listed | All Properties
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Prior Sale*
Type: Transfer where the sale price is verified to be part of a package or bulk sale.
Qual: U
Date: 04/09/2021
Amount: $2,520,000
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Prior Sale #2* (Second to Last)
Type: Transfer where the sale price is verified to be part of a package or bulk sale.
Qual: U
Date: 02/02/2016
Amount: $2,758,300
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Prior Sale #3* (3rd to Last)
Type: Transfer where the sale price is verified to be part of a package or bulk sale.
Qual: Q
Date: 11/22/2013
Amount: $1,760,000
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Taxable Values*
Tax Year: 2024
Land: $1,288,000
Building: $932,000
Total: $2,220,000
Assessed: $2,220,000
County Taxable: $2,220,000
City Taxable: $2,220,000
Mill Code: 0200
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Ownership*
Owner 1: Urban Beach Xxii Llc
Owner 2: C/o Sentinel Real Estate Corp
Mailing Address: 1251 Avenue Of The Americas 35
Mailing City: New York
Mailing State: Ny
Mailing Zip: 10020
Mailing Country: USA
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Building Information*
Stories: 2
Units: 12
Year Built: 1951
Effective Year Built: 1951
Extra Features 1: Aluminum Modular Fence
Extra Features 2: Patio - Concrete Slab
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Legal Description*
Legal Description Concatenated: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 5 BLK 42 LOT SIZE 50.000 X 140 OR 15837-0716 0393 4

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.