1345 Pennsylvania Avenue
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
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: OtherLaundry Features: Outside -
Heating & Cooling
Has Heating: Yes Heating: SeparateMeters, WallFurnace Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1924Building Area Total: 8219Construction Materials: BlockPatio And Porch Features: PatioPrivate Pool: No -
Exterior Features
Exterior Features: Lighting, OutdoorLivingArea
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Lot Information
Lot Description: SprinklersAutomaticProperty Information
Subdivision: OCEAN BEACH ADDN NO 3 Source Property Type: ResidentialIncome Postal Code Plus 4: 4004 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: 0242030090720 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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School Information
Elementary School: Miami Beach Fienberg / Fisher K-8 Junior High School: Senior High School: Miami Beach -
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 |
|---|---|---|---|---|---|
| 235 18th St, Miami Beach, FL, 33139 | $3,950,000 | -- | -- | 4,779 | 4,779 SqFt |
| 1355 Drexel Avenue, Miami Beach, FL, 33139 | $7,000,000 | -- | -- | 816 | 816 SqFt |
| 901 Pennsylvania Avenue, Miami Beach, FL, 33139 | $3,450,000 | -- | -- | -- | |
| 912 Euclid Avenue, Miami Beach, FL, 33139 | $2,200,000 | 6 | 4 | 2,558 | 2,558 SqFt |
| 632 15th Street, Miami Beach, FL, 33139 | $2,650,000 | 8 | 8 | 5,939 | 5,939 SqFt |
| 730 14th Place, Miami Beach, FL, 33139 | $5,900,000 | 10 | 14 | 5,074 | 5,074 SqFt |
| 1438 Meridian Ave, Miami Beach, FL, 33139 | $2,400,000 | 6 | 6 | 4,644 | 4,644 SqFt |
| 1508 Meridian Avenue, Miami Beach, FL, 33139 | $1,200,000 | 4 | 4 | 1,776 | 1,776 SqFt |
| 1561 Jefferson Avenue, Miami Beach, FL, 33139 | $4,250,000 | 5 | 4 | 10,334 | 10,334 SqFt |
| 1000 7th Street, Miami Beach, FL, 33139 | $4,450,000 | 3 | 2 | 7,868 | 7,868 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/16/2026 @ 19:04
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