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- Description
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$4,700,000
Monthly Est:$23,394
1 Bed
2 Baths
8,219sqft
1345 Pennsylvania Ave, Miami Beach, FL 33139
$4,700,000
$23,394/moEst:
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Quadruplex
Built in 1924
$-- HOA
-- sqft lot
$572/sq.ft
Description
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. Require proof of funds. PLEASE MUST USE SHOWING TIME. DO NOT TEXT REALTOR. ALL POTENTIAL BUYERS WILL NEED TO SIGN AN NDA AND PROVIDE VERIFABLE PROOF OF ABILITY TO PURCHASE PROPERTY. THANK YOU!
- Houzeo last checked: 10 minutes ago
- Listing updated: October 31, 2026 at 12:19 am
- Listing Provided by: Oreste Leccese Guerrero DRE #3392288 | Xfera Realty Group, LLC. (305) 781-6490
- Source: Beaches MLS-FL | MLS#: A12013240
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1924
HOA Fees
-
Finished Area
8,219 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A12013240
MLS Status
Active
Days on Market
182
Cumulative Days on Market
178
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathrooms: 2
Interior
Sewer
Public Sewer
Cooling
Wall Window Units
Heating
Separate Meters, Wall Furnace
Flooring
Tile, Vinyl
Exterior Features
Lighting, Outdoor Living Area
Construction
Year Built
Year Built: 1924
Home type
Quadruplex
Property Condition
Resale
Construction Materials
Block
Roof
Other
Utilities & Energy
Laundry Features
Outside
Utilities
Cable Not Available
Water Source
Public
Other Features
Lot Features
Sprinklers Automatic
Subdivision Name
Ocean Beach Addn No 3
Patio And Porch Features
Patio
Price History
| Date | Event | Price |
|---|---|---|
05/05/2026 Source: | Off Market | $4,700,000 $572/sqft |
05/05/2026 Source: | Listed for Sale | $4,700,000 -7.84% $572/sqft |
12/11/2025 Source: #A11929354 | Off Market | $5,100,000 $621/sqft |
12/11/2025 Source: #A11929354 | Listed for Sale | $5,100,000 -15.00% $621/sqft |
10/24/2025 Source: #A11649174 | Off Market | $5,999,999 $730/sqft |
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