100 Keyes, 1926 - 2026

1124 Pennsylvania Ave , Miami Beach, FL 33139

Sold: $2,900,000
Sold on: Oct 31st, 2025
$ Per Square Foot: $356
Sold: $2,900,000
Sold on: Oct 31st, 2025
$ Per Square Foot: $356
SQUARE FEET8,140 MLS#A11873913
STATUSClosed REPRESENTEDBoth PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOCEAN BEACH ADDN NO 3


Property Description

12 units Exclusive Investment Opportunity in Miami Beach Almost completely renovated 12-unit, 8,140 SF low-rise buildingseamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigiouslocation. Property Highlights: ? Turnkey Investment ? Fully renovated with new roof (August 2024) ? Strong RentalHistory ? 95% occupancy rate, ensuring stable cash flow ? Unit Mix & Sizes: 8 Studios (Avg. 500 SF) ? Rented at$1,650/month - 4 One-Bedroom Units (Avg. 700 SF) ? Rented at $2,100/month ? Recertification Passed ? Fullycompliant and up to code ? Projected Cap Rate: 6.76% upon rental completion ART DECO` DISTRICT

Property Features

Cooling: Electric
Days on Market: 54
Heating: Electric
Roof Type: Flat Roof With Facade Front
Stories: 2.0
Taxes: $33,824
Year Built: 1948

Feature Descriptions

Crops Included Y/N: No
Exterior: CBS Construction
Flooring: Parquet
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional, Exchange
Lot: Less Than 1/4 Acre Lot
Parcel#: 02-42-03-009-1040
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer

Listed By / Sold By

agent picture

Listed By

Agency Name: The Keyes Company
Agency Phone: Cell: 305.898.7224
Agent Name: Fabrizio Passatore

Sold By

Agency Name: The Keyes Company
Agency Phone:
Agent Name: Fabrizio Passatore

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