1329 Pennsylvania Ave, Miami Beach FL 33139

Description of 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.

Property Details for 1329 Pennsylvania Ave, Miami Beach FL 33139

Pool Private

No

Year Built Details

Resale

Building Information for 1329 Pennsylvania Ave, Miami Beach FL 33139

Building Area Total

5760

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Property Information for 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

Public Records 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

Location