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Ocean Beach Addn No 3

$4,700,000

1345 Pennsylvania Ave, Miami Beach, FL 33139

Active
Last Updated: 05/22/2026

8,219 sqft

Building Size

2

Units

Details:
Building Size:    8,219 sqft
Units:    2
Year Built:    1924
Floors:    3
Parking Spots:    4
Gross Leaseable Area:    8,219
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Building Features: Laundry Facility
  • Documents Available: Deposit - Security, Copy Of Lease(S), Rent Rolls
  • Architectural Style: Old Spanish
  • Cooling: Wall/Window Unit(s)
  • Heating: Window/Wall
  • Flooring: Tile, Vinyl
  • Construction Materials: Concrete Block Construction
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!

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