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 #:
A11901525
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Oct 27, 2025
Total Sq Ft:
8,219
Year Built:
1924
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Tile, Vinyl
Heating
Wall/Window Units
Exterior
Building Features
Dryer(S) Leased, Exterior Lighting, Heavy Traffic, Inside Corridors, Laundry Facilities, Other Miscellaneous, Washer(S) Leased
Construction Materials
Concrete Block Construction, CBS Construction
Fencing
Fenced
Lot Features
City Location, Inside Location
Open Parking YN
1
Parking Features
Common, Free Parking, On Street
Parking Spots
4
Parking Total
4
Roof
Other
Security Features
Smoke Detector(s), Security Fence, Security System
Stories
3
Financial
Tax Year
2024
Taxes
$75,378
Map
Community
- Address1345 Pennsylvania Ave Miami Beach FL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Market Summary
Current real estate data for Commercial in Miami Beach as of Apr 21, 2026
129
Commercial Listed
191
Avg DOM
$3,529,476
Avg List Price
Property Summary
- 1345 Pennsylvania Ave Miami Beach FL is a Commercial for sale in Miami Beach, FL, 33139. It is listed for $5,100,000
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