Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths
8,219 sqft

$4,700,000

1345 Pennsylvania Avenue, Miami Beach FL, 33139

Price per sqft$571.85
Built in1924
Property size8,219 sqft
Property typeMulti-family

Overview

Active

Listed May 5, 2026

Updated 2 weeks ago

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!

$31,269/mo

Est. mortgage payment based on a $4,700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$58,039
Tax Frequency
Annually

Listed with Xfera Realty Group, LLC.

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2026 Association of Palm Beaches. All rights reserved. 

Data last updated 12:16 PM UTC, 9/23/2026

 

Powered by Luxury Presence