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1345 Pennsylvania Ave, Miami Beach FL 33139

Multi-family For Sale
$4,700,000

BTC: 73.22057261

ETH: 2,666.00111178

48 days
0 room(s)
8,219 sqft

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. ALL POTENTIAL BUYERS WILL NEED TO SIGN AN NDA AND PROVIDE VERIFABLE PROOF OF ABILITY TO PURCHASE PROPERTY. THANK YOU!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1924
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$572
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $403K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$58,039
2025
Parking
4 spaces
All facts and features
  • Flooring

    • Tile

    • Vinyl

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Property

    • Exterior Features: Exterior Lights

    Other Property Information

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

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $58,039

  • Source details

    • MLS ID: A12013240

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Window Features: Blinds

    • Architectural Style: Old Spanish

    • Living Area: 8219

    • Water Source: Municipal Water

    • Subdivision Name: OCEAN BEACH ADDN NO 3

Private inquiry
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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.