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
Bedrooms1 Baths1.0 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
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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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Multi-Family Home for sale in Miami Beach, FL

for $5,100,000 with 1 bedroom and 1 full bath. This 8,219 square foot home 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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Multi-Family Active

Price

$ 5,100,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 56,280

Style

Year Built

1924

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11929354

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Closing & Funding Close Of Escrow
Roof Other
Patio/Porch Features Patio
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1924
Stories Count 3
Property Subtype Quadruplex
Tax Year 2024
Community Features Laundry Facilities
County Miami-Dade
Property Type Residential Income
Subdivision Name OCEAN BEACH ADDN NO 3
Rent Includes Hot Water Sewer Water
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
City Miami Beach
Zoning Description 3900
Number Of Units Total 12
MLS Area 42
Lot Size Units Square Feet
Listing Terms Cash Conventional 1031 Exchange
Year Built Details Resale
Tax Annual Amount 56280
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11929354
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
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
Window Features Blinds
Half Baths 0
Total Bedrooms 1
Total Baths 0
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Exterior
Exterior Amenities Fence Lighting Patio
Lot Features Sprinklers Automatic < 1/4 Acre
Water Source Public
Total Parking 4
Building Area Total 8219
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Xfera Realty Group, Llc.

Broker

oresterealtor@gmail.com

Email

Affordability Calculator

$36,507
Per Month
87%
13%
0%
Monthly Principal & Interest
$31,817
Monthly Property Taxes
$4,690
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
Date Price Price Change Description
12/11/2025 $5,100,000 Listed Price

Map


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1345 Pennsylvania Ave, Miami Beach, FL, 33139 is a Multi-Family Home for sale at $5,100,000 with 8,219 sqft. 1345 Pennsylvania Ave has 1 bedrooms, 1.0 baths, and was built in 1924. The property's zip code is 33139 which is in Miami Beach, FL