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Sold for $5,700,000
  • $5,700,000

    1600 Pennsylvania Avenue, Miami Beach, FL 33139

    --beds
    2baths
    439sqft
    Duplex, Multi Family, Multi Family
    Built in 1953
    -- sqft lot
    $5,542,800 Zestimate®
    $12,984/sqft
    $2,272 Estimated rent

    Home value

    $5,542,800

    $4.82M - $6.37M

    $2,272/mo

    Zestimate® history
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    $2,272/mo

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    $39,204/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Emel Onur 561-235-8999,

    Lead Consulting Group LLC,

    Ugur Atac 786-881-2903,

    Lead Consulting Group LLC

    Bought with:

    Ugur Atac, 3582818

    Lead Consulting Group LLC

    Source: BeachesMLS,MLS#: R11036026MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Electric
    Features
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 8,780
    • Total interior livable area: 439 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    Lot
    • Size: 7,500 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 0232342350020
    • Zoning: 0000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Concrete
    • Roof: Other
    Condition
    • Resale
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Water: Multiple Meters
    • Utilities for property: None

    Community & HOA

    Community
    • Subdivision: 1600 PENNSYLVANIA AVE CON
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $12,984/sqft
    • Annual tax amount: $55,062
    • Date on market: 12/15/2024
    • Cumulative days on market: 98 days
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Insurance

    Price history

    DateEventPrice
    5/28/2025Sold$5,700,000-5%$12,984/sqft
    Source: BeachesMLS #R11036026 Report a problem
    3/10/2025Pending sale$6,000,000$13,667/sqft
    Source: BeachesMLS #RX-11036026 Report a problem
    12/15/2024Listed for sale$6,000,000$13,667/sqft
    Source: BeachesMLS #RX-11036026 Report a problem
    8/9/2024Listing removed$6,000,000$13,667/sqft
    Source: MIAMI #A11632171 Report a problem
    7/30/2024Listed for sale$6,000,000+500%$13,667/sqft
    Source: MIAMI #A11632171 Report a problem
    1/9/2024Listing removed--
    Source: MIAMI #A11508497 Report a problem
    1/4/2024Listed for sale$1,000,000+35.1%$2,278/sqft
    Source: MIAMI #A11508497 Report a problem
    5/13/2022Listing removed--
    Source: MIAMI #A11157491 Report a problem
    5/13/2022Price change$740,000-26%$1,686/sqft
    Source: MIAMI #A11157491 Report a problem
    2/8/2022Listed for sale$1,000,000$2,278/sqft
    Source: MIAMI #A11157491 Report a problem
    2/5/2022Listing removed--
    Source: MIAMI #A10926212 Report a problem
    9/12/2020Listed for sale$1,000,000$2,278/sqft
    Source: Realty One Group Evolution #A10926212 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Flamingo Lummus

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,542,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,542,800