Property 1345 Pennsylvania Avenue, Miami Beach, FL 33139 for sale with MLS# A12013211

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.

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Days on the market

1345 Pennsylvania Avenue, Miami Beach, FL 33139

Price
Price:
$4,700,000.00
Original List Price:
$4,700,000.00
Lease Details
Tenant Pays:
Electricity, Maintenance, Interior Electric, Interior Maintenance
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Other
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
New Listing
Last Major Update on:
May 5, 2026 4:00 am
Measures
Built-Up Area:
8,219 Sqft
Lot Features:
Landscaped
Lot Size Acres:
0.17
Property Features
Security:
Smoke Detector(s), Security System, Security Fence
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Window/wall
Building:
Exterior Lighting, Janitorial Service, Private Restroom(s), Fenced Area, Inside Corridors, Laundry Facilities
Construction
Year Built:
1924
Roof:
Other
Number of Buildings:
1
Construction Materials:
Block
Flooring:
Tile, Vinyl
Number of stories:
3
Road Frontage Type:
City Street
Flood Zone Code:
AE
Property Condition:
Resale
Parking
Parking Total Spaces:
4
Parking Features:
Common, On Street, Free
Utilities
Sewer:
Public Sewer
Electric:
220 Volts, 110 Volts
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Copy Of Lease(s), Equipment Inventory
Listing Terms Considered by Seller:
Cash, Conventional, Cryptocurrency, 1031 Exchange
Buyer Possession:
Negotiable, Close Of Escrow
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):
0242030090720
Zoning:
3900
Listing History
Active on the market since:
May 5, 2026
Listing Agreement executed on:
May 5, 2026
Listing Status Last Changed On:
May 5, 2026 4:00 am
Photos updated on:
May 21, 2026 6:44 pm
Last Modified:
July 13, 2026 5:34 pm
Additional Information
Courtesy of:
Xfera Realty Group, LLC.
Attribution:
Not provided
Location
Street Name:
Pennsylvania
Street Number:
1345
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 5.9''
Longitude:
W81° 51' 58.3''
Street Suffix:
Avenue
Property Map

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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) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 1345 Pennsylvania Avenue, Miami Beach, FL 33139
Association of REALTORS®
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