Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1953
Sq.Footage
439
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 & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Block
-
Other Exterior Features
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
-
View
Other, Water
Area & Lot
-
Lot Features
Corner Lot
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$6,000,000
-
Tax Amount
55062.0
-
Zoning
0000
-
Sq. Footage
439
-
Price/SqFt
$13,667
HOA
-
Association
YES
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Emel Onur , Lead Consulting Group LLC
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