$4,100,000 1445 Pennsylvania Ave Miami Beach, FL

MLS: A11003005   Type: Pending   County: Miami-dade   City: Miami Beach   Area: 32   Zip: 33139   Style: MixedUse     Stories: 2   Taxes: $17,748

Mortgage $19,249 /mo



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The legendary Tantra Building is now for sale. Tantra one of Miami Beach's most successful restaurant and lounge. The chic establishment operated 1997 to 2017. The corner Property is located on historic Espanola Way and Pennsylvania Ave., in Miami Beach. 8 apartments located on the 2nd floor. The apartments can be rented daily or longer. Ground floor ceiling height is approximately 11', the corner location allows for great exposure, large windows bring in light making this a perfect location for a restaurant or upscale retail. Miami Beach is one of the most sought after locations in world and should continue as such into the future. Miami Beach is experiencing growth with more people working remotely and as a no income tax state. This all makes The Tantra Building a perfect investment.

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Price History

2/24/2021 Listed $4,100,000

Building Name Tantra Building
City Miami Beach
Construction Materials Block
Contingency No Contingencies
County Miami-Dade County
Days on Market 73
Directions Located on the Corner of Pennsylvania Avenue and Espanola Way, Miami Beach
Electric Item3Phase, Item200AmpService
Flooring Concrete
Lease Considered Y/N No
Levels Two
Lot Size Square Feet 4680.0
MLS Area 32
Occupant Type CallAgent
Ownership Corporation
Possession ClosingFunding
Property SubType MixedUse
Property Type CommercialSale
Roof Concrete
Sewer PublicSewer
Special Listing Conditions Auction
Standard Status Pending
Status Pending
Stories 2
Street Name Pennsylvania Ave
Tax Annual Amount 17748.0
Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11003005
Year Built 1939
Zoning Description 6400

Interior Features

Buyerofficeemail fpmiamiblue@gmail.com
Total Baths 0

Exterior Features

Building Area Total 6673.0
Covered Spaces 0.0
Lot Size Area 4680.0
Lot Size Units SquareFeet
Number of Buildings 1
Number of Separate Electric Meters 10
Water Source Public
Waterfront Y/N No

Property Schools

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Property vs Zip Code Avg (33139)

Price 4.10M Avg 492K

Sqr Feet 6,673 Avg 1,180

Cost / Sqr Ft $614 Avg $417

Taxes $17,748 Avg $13,120

Acres 0.107438 Avg 0.01

Visits 83 Avg 51

Days on Site 330 Avg 123

Walkscore® 98 Avg 89

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Investco Realty, LLC

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Location & Address

Brendaliz Goldstein
20200 West Dixie Hwy suite G07
aventura, FL