Miami Beach, FL 33139 1345 Pennsylvania Ave
$4,700,000



4 more




Presented By: This listing is courtesy of Xfera Realty Group, LLC.
Home Details
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.
Presented By: This listing is courtesy of Xfera Realty Group, LLC.
Interior Features for 1345 Pennsylvania Ave
Bedrooms
Total Bedrooms19
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Vinyl
Heating Y/NYes
General for 1345 Pennsylvania Ave
CityMiami Beach
Construction MaterialsBlock
CoolingWall/Window Unit(s)
CountyMiami-Dade
Electric110 Volts, 220 Volts
Full Baths19
HeatingWindow Unit, Wall Furnace
Legal DescriptionOCEAN 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
Listing TermsCash, Conventional, Cryptocurrency, 1031 Exchange
Lot Size Square Feet7500
Lot Size UnitsSquare Feet
MLS Area42
Number Of Units Total19
Occupancy TypeTenant
Ok to Lease12 Months
PossessionClosing & Funding, Close Of Escrow
PostalCityMiami Beach
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
RoofOther
Security FeaturesSecurity System, Fenced, Smoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count3
Structure TypeMulti Family
Tenant PaysElectricity, Minor Interior Maintenance
Virtual TourClick here
Year Built1924
Year Built DetailsResale
Zoning Description3900
Exterior for 1345 Pennsylvania Ave
Building Area Total8219
Covered Spaces
Lot Size Area7500
Number of Buildings1
Number of Separate Electric Meters20
Parking FeaturesCommon, Free Parking, On Street
Road Frontage TypeCity Street
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Rachel Jimenez
Realtor
SQFT • 8,219