$4,100,000
7,868 sqft
1000 7th St, Miami Beach, FL 33139
Orange Blossom Place
1329 Pennsylvania Ave, Miami Beach, FL 33139
$3,200,000— Beds— Baths
Miami Beach, FL 33139
Status
Active
Type
Income/MultiFamily
Year Built
1936
Days on Market
364
Lot Size
7,500 sqft
MLS #
A11888408
County
Miami-Dade County
About 1329 Pennsylvania Ave, Miami Beach, FL 33139
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.
How This Listing Compares in Miami Beach
| This home | Miami Beach median (12 mo) | |
|---|---|---|
| Days on market | 364 | 84 |
Medians from closed MLS sales in Miami Beach; a starting point, not an appraisal.
Home Features at 1329 Pennsylvania Ave, Miami Beach, FL 33139
- Pool Private
- No
- Year Built Details
- Resale
The Building at 1329 Pennsylvania Ave, Miami Beach, FL 33139
- Building Area Total
- 5760
- Building Area Units
- Square Feet
- Stories
- 2
- Stories Total
- 2
- Association
- No
Lot, Views & Construction at 1329 Pennsylvania Ave, Miami Beach, FL 33139
- Lot Size Square Feet
- 7,500
- Waterfront
- No
- View
- No
- Construction Materials
- Stucco
- Roof
- Built-Up
- New Construction
- No
Taxes & Public Record for 1329 Pennsylvania Ave, Miami Beach, FL 33139
- Parcel Number
- 02-42-03-009-0700
- Tax Annual Amount
- $31,114
- Tax Year
- 2,024
- Tax Legal Description
- OCEAN BEACH NO 3 PB 2-81 LOT 12 BLK 39 LOT SIZE 50.000 X 150 OR 17313-2432 0896 1
- Zoning
- 3900
- County Or Parish
- Miami-Dade County
Map & Neighborhood
1329 Pennsylvania Ave, Miami Beach, FL 33139 · More homes in Miami Beach
Courtesy of BHHS EWM Realty
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1329 Pennsylvania Ave, Miami Beach, FL 33139 at a Glance
Offered for sale in Miami Beach 33139, 1329 Pennsylvania Ave is a income/multifamily, dating to 1936. The asking price is $3,200,000, on the market since October 2, 2025, with BHHS EWM Realty as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.