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.
Property Details
Price:
$5,100,000
MLS #:
A11929354
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
OCEAN BEACH ADDN NO 3
Neighborhood:
oceanbeachaddnno3
Listed Date:
Dec 11, 2025
Finished Sq Ft:
8,219
Total Sq Ft:
8,219
Year Built:
1924
Units:
19
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Tile, Vinyl
Heating
Window/Wall
Exterior
Architectural Style
Old Spanish
Construction Materials
Concrete Block Construction
Exterior Features
Exterior Lights
Parking Spots
4
Roof
Other
Financial
Tax Year
2024
Taxes
$56,280
Map
Community
- Address1345 Pennsylvania Ave Miami Beach FL
- SubdivisionOCEAN BEACH ADDN NO 3
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Subdivisions in Miami Beach
Market Summary
Current real estate data for Multi Family in Miami Beach as of Mar 10, 2026
52
Multi Family Listed
173
Avg DOM
2,182
Avg $ / SqFt
$2,965,487
Avg List Price
Property Summary
- Located in the OCEAN BEACH ADDN NO 3 subdivision, 1345 Pennsylvania Ave Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $5,100,000 To schedule a showing of MLS#a11929354 at 1345 Pennsylvania Ave in Miami Beach, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby

1345 Pennsylvania Ave
Miami Beach, FL









Recent Comments