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
Price:
$4,700,000
MLS #:
A12013240
Status:
Active
Beds:
0
Baths:
0
Address:
1345 Pennsylvania Ave
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
OCEAN BEACH ADDN NO 3
Neighborhood:
oceanbeachaddnno3
City:
Miami Beach
Listed Date:
May 5, 2026
State:
FL
Finished Sq Ft:
8,219
Total Sq Ft:
8,219
ZIP:
33139
Year Built:
1924
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Tile, Vinyl
Heating
Window/ Wall
Exterior
Architectural Style
Old Spanish
Construction Materials
Concrete Block Construction
Exterior Features
Exterior Lights
Parking Spots
4
Roof
Other
Financial
Tax Year
2025
Taxes
$58,039
Map
Community
- Address1345 Pennsylvania Ave Miami Beach FL
- SubdivisionOCEAN BEACH ADDN NO 3
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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