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1132 Pennsylvania Avenue

1132 Pennsylvania Avenue, Miami Beach, FL 33139
Multifamily in Flamingo - Lummus
Sold Mar 09, 2021
$2,000,000
$1,000,000 by Seagate 11 Llc
Mortgage
Sold Jan 12, 2000
$425,000
1132 Pennsylvania Avenue has been categorized by the local assessors in Miami Beach, FL as a residential type of property. The building on the property was first built in 1947 and is 77 years old. The home has a total of 12 bedrooms. Residents will have access to 12 full bathrooms. There are 12 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1132 Pennsylvania Avenue has 8,099 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The exterior walls of the building are made of concrete block. The property was last sold in Mar 4, 2021 for $2,000,000. That's $246.94 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $425,000. 1132 Pennsylvania Avenue was last assessed in 2023. The total value of the property was assessed at $1,611,000. Specifically, the land the property is located on was valued at $1,260,000. While improvements on the property were assessed at a total of $351,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $34,014. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 12
  • Bathroom Count: 12
  • Full Bathrooms: 12
  • Partial Bathrooms: 12
  • Building Quality: A
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 12
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 8,099
  • Gross Building Area: 8,099
  • Building Area: 8,099
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,099
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN BEACH ADDN NO 3
  • Land Acres: 0.161
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 2 BLK 42 LOT SIZE 50.000 X 140 OR 18941-0236 0100 1

Ownership

  • Current Owner : OCEAN LEPAGE LLC
  • Previous Owner : SEAGATE 11 LLC
  • Owner Before Previous Owner: PANEQUE HECTOR E
  • Owner Before Previous Owner 2: HARPSTER BILLY C
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004303

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 265
  • District: 02
  • Parcel: 02-4203-009-1030
  • Block: 42
  • Lot: 2
  • Meridian: SEC 03 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7826
  • Longitude: -80.1344

    Address

  • Full Address: 1132 Pennsylvania Ave
  • Address - House Number: 1132
  • Address - Street Name: Pennsylvania
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C043
  • 4-Digit Zip Code: 4561
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 7,101
  • Tax Year: 2023
  • Tax Amount: $34,014
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 2,150,953
  • High Value: 3,093,639
  • Low Value: 1,208,266

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: SEAGATE 11 LLC
  • First Open Lien Mortgage Recording Date: Mar 09, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Amount keyed is an Aggregate amount

    Market Valuation

  • Market Total Value: $1,611,000
  • Market Land Value: $1,260,000
  • Market Improvement Value: $351,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,611,000
  • Assessed Land Value: $1,260,000
  • Assessed Improvements Value: $351,000

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Mar 09, 2021
  • Current Sale Transaction ID: 11826503018
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0171420
  • Previous Sale Recording Date: Jan 12, 2000
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SEAGATE 11 LLC
  • First Mortgage Transaction Date: Mar 09, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Amount keyed is an Aggregate amount

About Flamingo - Lummus



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Nearby Rentals

Unit for rent at

$2,200 /mo

  • Studio
  • 1 Bath
  • 420 ft²
Listing by Federico Trotta
Unit for rent at

$2,550 /mo

  • Studio
  • 1 Bath
  • 560 ft²
Listing by Pedro Velasco
Unit for rent at

$2,290 /mo

  • 1 Bed
  • 1 Bath
  • 675 ft²
Listing by Cristina Giral
Unit for rent at

$2,500 /mo

  • 1 Bed
  • 2 Baths
  • 670 ft²
Listing by Oliver Davis
Unit for rent at

$2,350 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
Listing by Sergio Farinas
Unit for rent at

$2,200 /mo

  • 1 Bed
  • 1 Bath
  • 667 ft²
Listing by Laura Kaplan
Unit for rent at

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 660 ft²
Listing by Fabrizio Pellicciotti

Frequently Asked Questions

What neighborhood is 1132 Pennsylvania Avenue located in?
The 1132 Pennsylvania Avenue is a multifamily located in the neighborhood of Flamingo - Lummus in Flamingo - Lummus, Miami Beach.
What is the average sales price for listings in 1132 Pennsylvania Avenue?
The average sales price for units in 1132 Pennsylvania Avenue is $2,350,000 , or $333/sqft. currently.

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