Multifamily in Miami Beach, FL 33139
1600 Pennsylvania, 1600 Pennsylvania Ave #3

$6M5%
$5,700,000
439
SqFt
Status
Sold - May 28, 2025
Size
439 SqFt (41 m2)
Price
$12,984/SqFt ($139,760/m2)
Type
Multifamily
Built
1953
MLS Number
R11036026
View
Other
On Site
673 Days
Updated
26 Days ago
Page Views
0
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 Beach's 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 Beach's 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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: None
      • View: Other
      Interior, Heating and Cooling
      • Heating Description: Electric
      • Cooling Description: Electric
      Building and Construction
      • Floor Description: CeramicTile
      • Year Built: 1953
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-11-11T13:32:21.000-00:00
        Taxes, Fees & More
        • Taxes: 55062
        • Total Units in Building: 2
        • Total Units in Complex: 19

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        Price History

        Current
        $5.7M
        High
        $6M
        Low
        $5.7M
        Total Change
        -5%
        $6M$5.9M$5.7MNov 24Jul 25May 25
        Date
        Event
        Price
        Change
        Price Per
        05/28/2025
        Sold
        $5.7M
        0%
        $12,984 ft2
        $139,760 m2
        07/08/2025
        Price Reduced
        $5.7M
        -5%
        $12,984 ft2
        $139,760 m2
        11/11/2024
        Listed
        $6M
         
        $13,667 ft2
        $147,116 m2
        05/28/2025
        $5.7M
        Event
        Sold
        Change
        0%
        Price Per
        $12,984 ft2
        $139,760 m2
        07/08/2025
        $5.7M
        Event
        Price Reduced
        Change
        -5%
        Price Per
        $12,984 ft2
        $139,760 m2
        11/11/2024
        $6M
        Event
        Listed
        Price Per
        $13,667 ft2
        $147,116 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Emel OnurLead Consulting Group LLC • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Walker's Paradise. Daily errands do not require a car
        97

        100
        Transit Score®
        Good Transit. Many nearby public transportation options
        59

        100
        Bike Score®
        Very Bikeable. Biking is convenient for most trips
        82

        100
        Sound Score®
        Bearable noise
        77

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        29

        100
        Local Score
        Limited local amenities nearby
        3

        100
        Community Snapshot
        430 - 439
        SqFt Range
        1953
        Year Build
        2
        Total Floors

        Subdivision Amenities

        Laundry
        None