Commercial
Type
1936
Built
Listing courtesy of
BHHS EWM Realty
Ben Brissi
MLS® #A11888408
Listing information last updated June 18, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with BHHS EWM Realty — and every agent and broker in Miami — to get the deal done.
Overview
This commercial in Miami Beach is listed for sale at $3,200,000. Built in 1936.
1329 Pennsylvania Avenue (aka Shermon Court) is a 1936 Art Deco building masterfully designed by Henry Hohauser, one of South Beach’s signature architects in the Deco era. This is a well-maintained 8-unit apartment building, each with spacious 1-bed/1-bath layouts. The building also has common laundry facilities as well as 5 off street parking spaces. All units are occupied by excellent long-term tenants on month-to-month leases at $1,700?— well below market. With renovations, rents can be repositioned to $2,300 – $2,500, offering strong upside potential. The property has passed its 40-year recertification and boasts a rich Miami Beach history, blending architectural character with modern stability. A rare investment opportunity with secure cash flow and significant value-add potential.
Listing history
Listed for sale
Oct 2, 2025 · MIAMI MLS
$3,200,000
Days on market
as of today
295 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2024)
$31,114
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
Location
1329 Pennsylvania Ave, Miami Beach FL 33139
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 295 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.