Multifamily in 1345 Pennsylvania Ave Miami Beach for sale with MLS# A11901525
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. Call the listing agent for a private appointment with 24 hours in advance. Require proof of funds. PLEASE USE SHOWING TIME.
1345 Pennsylvania Ave, Miami Beach, FL 33139
- Price:
- $5,100,000.00
- Original List Price:
- $5,100,000.00
- Financial Data Source:
- Owner, Accountant
- Lease Term:
- 12 Months
- Tenant Pays:
- Electricity
- Lease Terms / Move In Requirements:
- Annual Lease
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11901525
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 27, 2025 10:18 am
- Built-Up Area:
- 8,219 Sqft
- Lot Area:
- 7,500 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Security:
- Smoke Detector(s), Security System, Fenced
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Wall Furnace, Window Unit
- Year Built:
- 1924
- Year Built Details:
- Resale
- Roof:
- Other
- Number of Buildings:
- 1
- Number of Units Total:
- 19
- Construction Materials:
- Block
- Flooring:
- Tile, Vinyl
- Structure Type
- Stories:
- 3
- Road Frontage Type:
- City Street
- Tax Annual Amount:
- $75,378.00
- Tax Year:
- 2024
- Parking Total Spaces:
- 4
- Covered Spaces:
- 0
- Parking Features:
- Common, Free Parking, On Street
- Sewer:
- Public Sewer
- Electric:
- 220 Volts, 110 Volts
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Inventory, Lease
- Listing Terms Considered by Seller:
- Cash, Conventional, Cryptocurrency, 1031 Exchange
- Occupant Type:
- Tenant
- Buyer Possession:
- Closing & Funding, Close Of Escrow
- Lease Considered:
- No
- Tax Legal Description:
- 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
- Real Estate Folio Number (Parcel Number):
- 02-42-03-009-0720
- Zoning Description:
- 3900
- Originally published on:
- October 27, 2025 10:18 am
- Active on the market since:
- October 27, 2025
- Price change occurred on:
- October 23, 2025 12:47 pm
- Listing Status Last Changed On:
- October 27, 2025 10:18 am
- Photos updated on:
- October 27, 2025 2:41 pm
- Last Modified:
- October 27, 2025 6:01 pm
- Flood Zone:
- AE
- Municipal Code:
- 2
- Subdivision Number:
- 9
- Courtesy of:
- Xfera Realty Group, LLC.
- Attribution:
- Not provided
- Street Name:
- Pennsylvania Ave
- Street Number:
- 1345
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 47' 5.9''
- Longitude:
- W81° 51' 58.3''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Ver la propiedad 1345 Pennsylvania Ave
