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1345 Pennsylvania Ave

$5,100,000

1345 Pennsylvania Ave, Miami Beach, FL 33139

Active
Last Updated: 10/28/2025

8,219 sqft

Building Size

19

Units

Details:
Building Size:    8,219 sqft
Units:    19
Year Built:    1924
Floors:    3
Parking Spots:    4
Highlights:
  • Lot Features: City Location, Inside Location
  • Building Features: Dryer(S) Leased, Exterior Lighting, Heavy Traffic, Inside Corridors, Laundry Facilities, Other Miscellaneous, Washer(S) Leased
  • Number Of Buildings: 1
  • Documents Available: Inventory, Copy Of Lease(S), Rent Rolls
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall/Window Units
  • Electric: 110 Volts Power, 220 Volts
  • Flooring: Tile, Vinyl
  • Construction Materials: Concrete Block Construction, CBS Construction
  • Parking Features: Common, Free Parking, On Street
  • Security Features: Smoke Detector(s), Security Fence, Security System
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. Call the listing agent for a private appointment with 24 hours in advance. Require proof of funds. PLEASE USE SHOWING TIME.

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