Quadruplex in 1345 Pennsylvania Avenue, Miami Beach, FL 33139 for sale with MLS# A12013240

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!

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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
List Price per Sq Ft (Calculated, Approx.):
$571.84
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
New Listing
Last Major Update on:
May 5, 2026 4:00 am
Measures
Living Area:
8,219 Sqft
Built-Up Area:
8,219 Sqft
Property Features
Waterfront:
No
Exterior:
Lighting
Patio and Porch:
Patio
Laundry:
Outside
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Separate Meters, Window/wall
Fence:
Fenced
Sprinkler Description:
Auto Sprinkler
Construction
Year Built:
1924
Roof:
Other
Number of Units Total:
2
Levels:
Two
Construction Materials:
Block
Flooring:
Tile, Vinyl
Number of stories:
3
Structure Type:
Multi Family
Number of Units in the Community or Building:
2
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$58,039.00
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Not Available
Water Source:
Public
Community
Subdivision Name:
OCEAN BEACH ADDN NO 3
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Deposit - Security, Copy Of Lease(s)
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
Public Schools Assigned
Elementary School:
Agenoria S. Paschal / Olinda
High School:
Miami Beach
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:
September 9, 2026 4:09 pm
Last Modified:
September 9, 2026 4:09 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) 50 Good
☀️ O3 30 Good
🫁 PM2.5 50 Good
Ver la Propiedad Ver la propiedad 1345 Pennsylvania Avenue, Miami Beach, FL 33139
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.