Exceptional investment potential awaits in this prime location mere blocks away from Ocean Drive, Flamingo Park, Lincoln Road, and Española Way. This unit includes a coveted gated and covered parking space. Noteworthy discussions are underway regarding a sp

1400 PENNSYLVANIA AVE #6, Miami Beach

$130,000 USD 1
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Address1400 PENNSYLVANIA AVE #6, Miami Beach
Building NameTerrace East Condo
Type of PropertyCondominium
Price$130,000
Previous Price$150,000 (296 days ago)
Sold on1st August, 2024
Sold Price$130,000
Property StatusClosed
MLS NumberA11557654
Full Bathrooms Number1
Living Area435
Year Built1965
Garage Spaces Number1
Folio Number02-42-04-008-0060
Days on Market423

Detailed Description: Exceptional investment potential awaits in this prime location mere blocks away from Ocean Drive, Flamingo Park, Lincoln Road, and Española Way. This unit includes a coveted gated and covered parking space. Noteworthy discussions are underway regarding a special assessment for the forthcoming 60-year recertification in 2025, while the building maintains partial reserves, presenting a compelling proposition to investors.

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address1400 PENNSYLVANIA AVE
Section4
Zip Code (4 Digits)4058
Financial Information
Price$130,000
Price per Foot$0
Previous Price$150,000
Sold on1st August, 2024
Sold Price$130,000
Folio Number02-42-04-008-0060
Maintenance Charge Month$445
Association Fee PaidMonthly
Association Fee$445
Tax Amount$2,688
Tax Year2023
Terms of SaleCash
Possession InformationFunding
Type of ContingenciesBackup Contract/Call LA
Full Descriptions
Detailed DescriptionExceptional investment potential awaits in this prime location mere blocks away from Ocean Drive, Flamingo Park, Lincoln Road, and Española Way. This unit includes a coveted gated and covered parking space. Noteworthy discussions are underway regarding a special assessment for the forthcoming 60-year recertification in 2025, while the building maintains partial reserves, presenting a compelling proposition to investors.
Property ViewGarden View
Floor DescriptionTile
Interior FeaturesSecond Floor Entry
Exterior FeaturesExterior Cat Walk
Furnished InformationUnfurnished
Equipment AppliancesElectric Range, Refrigerator
AmenitiesBike Storage, Community Room
Cooling DescriptionWall / Window Unit (s)
Heating DescriptionNone
Parking Description1 Space, Covered
Pet RestrictionsRestrictions Or Possible Restrictions
Property parameters
Full Baths Number1
Balcony Includes1
Living Area435
Year Built1965
Type of PropertyCondominium
Building NameTerrace East Condo
Development NameTERRACE EAST CONDO
Construction TypeConcrete Block With Brick
Garage Spaces Number1
Listed withBHHS EWM Realty