1345 Pennsylvania Ave Miami Beach, FL $ 5,100,000
1345 Pennsylvania Ave
$ 5,100,000
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1345 Pennsylvania Ave

Miami Beach, FL, 33139
$ 5,100,000
Bedrooms19 Baths19.0 Sq 8,219

Monthly Estimate*

$ 31,817

1345 Pennsylvania Ave, Miami Beach, FL 33139 - Image 1
1345 Pennsylvania Ave, Miami Beach, FL 33139 - Image 2
1345 Pennsylvania Ave, Miami Beach, FL 33139 - Image 3
1345 Pennsylvania Ave, Miami Beach, FL 33139 - Image 4
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1345 Pennsylvania Ave, Miami Beach, FL 33139 - Image 7
1345 Pennsylvania Ave, Miami Beach, FL 33139 - Image 8
1345 Pennsylvania Ave, Miami Beach, FL 33139 - Image 9
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Commercial Property for sale in Miami Beach, FL

for $5,100,000 with 19 bedrooms and 19 full baths. This 8,219 square foot building was built in 1924.

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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Commercial Active

Price

$ 5,100,000

Bedrooms

19

Full Bath

19

Property Type

Commercial

Taxes

$ 75,378

Style

Year Built

1924

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11901525

Features
General
Sewer Public Sewer
Heating Window Unit Wall Furnace
Cooling Wall/Window Unit(s)
Possession Closing & Funding Close Of Escrow
Roof Other
Security Features Security System Fenced Smoke Detector(s)
Construction Materials Block
Year Built 1924
Electric 110 Volts 220 Volts
Tenant Pays Electricity
Stories Count 3
Property Subtype Multi Family
Tax Year 2024
County Miami-Dade
Property Type Commercial Sale
Full Baths 19
Status Active
City Miami Beach
Zoning Description 3900
Number Of Units Total 19
MLS Area 42
Lot Size Units Square Feet
Lot Size Square Feet 7500
Listing Terms Cash Conventional Cryptocurrency 1031 Exchange
Year Built Details Resale
Tax Annual Amount 75378
Ok to Lease 12 Months
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11901525
Structure Type Multi Family
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
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
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Interior
Flooring Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 19
Total Baths 0
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Exterior
Parking Features Common Free Parking On Street
Water Source Public
Total Parking 4
Lot Size Area 7500
Number of Buildings 1
Building Area Total 8219
Waterfront Y/N false
Covered Spaces 0
Number of Separate Electric Meters 20
Road Frontage Type City Street
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* Excluded Features
List By
Xfera Realty Group, Llc.

Broker

oresterealtor@gmail.com

Email

Affordability Calculator

$38,099
Per Month
84%
16%
0%
Monthly Principal & Interest
$31,817
Monthly Property Taxes
$6,282
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$5,100,000 Listed Price

Map


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1345 Pennsylvania Ave, Miami Beach, FL, 33139 is a Commercial Property for sale at $5,100,000 with 8,219 sqft. 1345 Pennsylvania Ave has 19 bedrooms, 19.0 baths, and was built in 1924. The property's zip code is 33139 which is in Miami Beach, FL