Quadruplex in 1345 Pennsylvania Ave Miami Beach for sale with MLS# A11929354

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.

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Days on the market

1345 Pennsylvania Ave, Miami Beach, FL 33139

Price
Price:
$5,100,000.00
Original List Price:
$5,100,000.00
Lease Details
Rent Includes:
Hot Water, Sewer, Water
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
MLS Number:
A11929354
Description of Last Important Update:
New Listing
Last Major Update on:
December 11, 2025 3:07 pm
Measures
Living Area:
8,219 Sqft
Built-Up Area:
8,219 Sqft
Lot Size Unit:
Square Feet
Lot Features:
< 1/4 Acre, Sprinklers Automatic
Property Features
Waterfront:
No
Exterior:
Fence, Patio, Lighting
Patio and Porch:
Patio
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Wall Furnace
Construction
Year Built:
1924
Year Built Details:
Resale
Roof:
Other
Architectural Style:
Fourplex
Construction Materials:
Block
Flooring:
Tile, Vinyl
Stories:
3
Taxes and Expenses
Tax Annual Amount:
$56,280.00
Tax Year:
2024
Property Tax Status:
Tax Reflects City & County Tax
Parking
Parking Total Spaces:
4
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Subdivision Name:
OCEAN BEACH ADDN NO 3
Community Features:
Laundry Facilities
Senior Community:
No
Terms
Documents Available:
Other, Rent Rolls, Lease
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Occupant Type:
Tenant
Buyer Possession:
Closing & Funding, Close Of Escrow
Lease Considered:
No
Zoning and Legal
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
Listing History
Originally published on:
December 11, 2025 3:07 pm
Active on the market since:
December 11, 2025
Price change occurred on:
December 11, 2025 2:57 pm
Listing Status Last Changed On:
December 11, 2025 3:07 pm
Photos updated on:
December 11, 2025 8:30 pm
Last Modified:
December 11, 2025 11:02 pm
Additional Information
Flood Zone:
AE
Type of Association:
None
Style:
Fourplex
Municipal Code:
2
Subdivision Number:
9
Courtesy of:
Xfera Realty Group, LLC.
Attribution:
Not provided
Location
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''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.