Location, its always about the location, location. Supply and Demand is another important factor in Real Estate. Here you have something with very little supply, a townhouse in an Art Deco building located in the heart of South Beach right next to Lincoln Rd and the Sands of South Beach. This low supply TH is in extremely high demand for multiple reasons. Location we touched on, not only in South Beach, Florida is in high demand too. Privacy and safety of a TH in this post-pandemic world. And pricing...There is a TH that recently closed that was a mere 127 SF larger, built in 2011 that sold for 1.2M making this price point affordable in comparison. It is listed for Rent too, so owner will take the first serious, qualified offer that comes through, whether that be for rent or for sale.

Property Details

  • MLS #A11247365
  • TypeCondominiums
  • StatusActive
  • Development1525 Pennsylvania
  • Subdivision1525 Pennsylvania Condo
  • Sale TypeRegular Sale
  • Lot Size0
  • Price / Sq.Ft.$489
  • Parking Spaces0
  • Swimming PoolNo
  • Days on Market70
  • Year Built1935
  • StyleTownhouse
  • WaterfrontNo
  • FurnishedNo
  • Flooring TypeTile,Wood
  • Date Listed07/26/2022
  • HOA Fees $502
  • Cooling TypeCentral Air, Electric
  • Heating TypeOther
  • Taxes Year2021
  • Taxes$4,564

Amenities

  • Other

Interior Features

  • First Floor Entry
  • Upper Level Master

Exterior Features

  • Fence

The multiple listing information is provided by the MIAMI ASSOCIATION OF REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2022-present MIAMI ASSOCIATION OF REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Paradise

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