Miami Beach, FL 33139 1345 Pennsylvania Ave
$4,700,000
4 more
Presented By: This listing is courtesy of Xfera Realty Group, LLC.
Beds • 1
Baths • 1
SQFT • 8,219
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. ALL POTENTIAL BUYERS WILL NEED TO SIGN AN NDA AND PROVIDE VERIFABLE PROOF OF ABILITY TO PURCHASE PROPERTY. THANK YOU!
Presented By: This listing is courtesy of Xfera Realty Group, LLC.
Interior Features for 1345 Pennsylvania Ave
Bedrooms
Total Bedrooms1
Bathrooms
Half Baths0
Total Baths
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
FlooringTile, Vinyl
Heating Y/NYes
Window FeaturesBlinds
General for 1345 Pennsylvania Ave
Architectural StyleFourplex
CityMiami Beach
Community FeaturesLaundry Facilities
Construction MaterialsBlock
CoolingWall/Window Unit(s)
CountyMiami-Dade
Full Baths1
HeatingWall 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 UnitsSquare Feet
MLS Area42
Number Of Units Total12
Occupancy TypeTenant
Patio/Porch FeaturesPatio
Pool FeaturesNone
PossessionClosing & Funding, Close Of Escrow
PostalCityMiami Beach
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent IncludesHot Water, Pest Control, Water
RoofOther
SewerPublic Sewer
Special Listing ConditionsListed As-Is
Standard StatusActive
StatusActive
Stories Count3
Subdivision NameOCEAN BEACH ADDN NO 3
Tax Annual Amount58039
Tax Year2025
UtilitiesCable Not Available
Virtual TourClick here
Year Built1924
Year Built DetailsResale
Zoning Description3900
Exterior for 1345 Pennsylvania Ave
Building Area Total8219
Covered Spaces
Exterior AmenitiesFence, Lighting, Patio
Lot FeaturesSprinklers Automatic, < 1/4 Acre
SpaNo
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
Maria Beatriz Senatore
Realtor®
