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
Market Summary
Current real estate data for Multi Family in Miami Beach as of Mar 06, 2026
53
Multi Family Listed
170
Avg DOM
2,149
Avg $ / SqFt
$2,966,516
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
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