1345 Pennsylvania Ave
Miami Beach, FL 33139
1
Bed
2
Bath
8,219Sqft
Prime Multifamily asset in the heart of Miami Beach. Three-story building with 19 fully furnished residential units:12 one-bedroom/one-bath units and 7 studios. All units are leased long-term with strong, stable occupancy. Located steps from the beach, Lincoln Road, Ocean Drive, and top dining and retail. Shared laundry room on-site. Ideal for investors seeking consistent cash flow and long-term value in a high-demand rental market. Turnkey opportunity in one of South Florida’s most desirable locations.The property selling AS IS. Require proof of funds. PLEASE MUST USE SHOWING TIME. DO NOT TEXT REALTOR. ALL POTENTIAL BUYERS WILL NEED TO SIGN AN NDA AND PROVIDE VERIFABLE PROOF OF ABILITY TO PURCHASE PROPERTY. THANK YOU!
Property Details
Map
Map
Features
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Interior Features
Roof: OtherWindow Features: Blinds -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1924Building Area Total: 8219Construction Materials: BlockStories: 3Patio And Porch Features: PatioPool Features: NonePrivate Pool: No -
Exterior Features
Exterior Features: Fence, Lighting, Patio
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Lot Information
Lot Description: SprinklersAutomatic,LessThanQuarterAcreProperty Information
Subdivision: OCEAN BEACH ADDN NO 3 Source Property Type: ResidentialIncome Postal Code Plus 4: 4004 Zoning Description: 3900 Property SubType: Quadruplex Property Age: 102
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Listing Price Information
Listing Price: $4700000Cash, Conventional, Cryptocurrency, Exchange1031
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Tax Information
Parcel Number: 02-42-03-009-0720 Tax Year: 2025 Annual Tax: $58039 Tax Legal Desc: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 14 BLK 39 LOT SIZE 50.000 X 150 OR 15566-564 0692 1 PROBATE 21471-1475 10 2002 3 COC 25983-1919 10 2007 6
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Parking Information
Parking Total: 4
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Utility Information
CableNotAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 901 Pennsylvania Ave, Miami Beach, FL, 33139 | $3,450,000 | -- | -- | -- | |
| 1438 Meridian Ave, Miami Beach, FL, 33139 | $2,400,000 | 6 | 6 | 4,644 | 4,644 SqFt |
| 632 15th St, Miami Beach, FL, 33139 | $2,650,000 | 8 | 8 | 5,939 | 5,939 SqFt |
| 1561 Jefferson Avenue, Miami Beach, FL, 33139 | $4,500,000 | 5 | 4 | 10,334 | 10,334 SqFt |
| 1000 7th Street, Miami Beach, FL, 33139 | $4,500,000 | 3 | 2 | 7,868 | 7,868 SqFt |
| 711 Lenox Ave, Miami Beach, FL, 33139 | $2,850,000 | 8 | 8 | 2,558 | 2,558 SqFt |
| 734 Michigan Ave, Miami Beach, FL, 33139 | $2,940,000 | 4 | 5 | 2,809 | 2,809 SqFt |
| 1355 Drexel Ave, Miami Beach, FL, 33139 | $7,000,000 | -- | -- | 816 | 816 SqFt |
| 1508 Meridian Ave, Miami Beach, FL, 33139 | $1,200,000 | 4 | 4 | 1,776 | 1,776 SqFt |
| 1460 E West Ave, Miami Beach, FL, 33139 | $1,791,000 | 6 | 6 | 4,952 | 4,952 SqFt |
Similar Multifamily To 1345 Pennsylvania Ave
Nearby For Sale
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ByOwner last updated this listing 06/12/2026 @ 07:41
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