945 Pennsylvania Ave $3,800,000

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    945 Pennsylvania Ave Miami Beach, FL 33139

    • 12,414 sq. ft.
    • 0.14 Acres
    • Commercial
    • MLS# A11095866
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    Views: 3 Days On Site: 88

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    The property being presented to you is 945 Pennsylvania Ave, also known as the Seymour Hotel, a 3 story multi-zoned building located 2 blocks from South Beach???s exclusive Ocean Drive. This is an extremely rare opportunity for a buyer to purchase and reposition this trophy Art Deco property. The property is located on 9th and Pennsylvania Ave which is just 25 yds from Washington Ave and surrounded by multiple high-end hotels, apartment complexes and high street retail/restaurant businesses. This 3 story building has a total of 12,414 sq ft with typical floor plates of approximately 3,570 sq ft each. (Note tax information is incorrect). This is an ideal for an investor or a hotel operator who would like to a value-add property with varied uses.Hotel/Apartments or Offices.

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    Neighborhood

    33139 (Miami Beach) Demographics

    40 Median Age
    6,563 Population Density (per sq. mile)
    59% College Educated
    $53,327 Estimated Median Income
    7,041 Estimated Total Home Owners
    13,799 Estimated Total Renters
    34% / 66% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    39,427 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $387,000 Median Sales Price
    121 Homes Sold
    216 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,800,000
        11/16/2021 4:39:30 PM Status Changed Source: Multiple Listing Service New Value: Active
        10/18/2021 3:24:21 PM Status Changed Source: Multiple Listing Service New Value: Pending
        9/8/2021 8:39:00 PM New in Database Source: Multiple Listing Service New Value: $3,800,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.