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1345 Pennsylvania Ave, Miami Beach FL 33139

Commercial For Sale
$4,700,000

BTC: 73.43750000

ETH: 2,691.86712486

29 days
0 room(s)

Overview

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.

Location

Florida • Miami Beach • 33139 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
Common / Free Parking / On Street
Year Built:
1924
Lot:
7500 Square Feet
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,307,500
$1.6M – $4.7M
Confidence Low
List vs. estimate
$1.4M above estimate
List $4,700,000 · +42.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
12 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $370K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Parking
4 spaces
All facts and features

  • Flooring

    • Tile

    • Vinyl

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • Common

    • Free Parking

    • On Street

    Lot

    • Lot: 7500 Square Feet

    Other Property Information

    • Parcel Number: 02-42-03-009-0720

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A12013211

    Other facts

    • Construction Materials: Concrete Block Construction

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
1,079
median $588K
Active
Same city
Miami Beach
2,606
median $650K
Active
Same type
Commercial
153
median $1.9M
Active
Similar price
$3.3M – $6.1M
200
median $4.4M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Xfera Realty Group, LLC.