1345 Pennsylvania Ave
$5,100,000
1345 Pennsylvania Ave, Miami Beach, FL 33139
For Sale
Multifamily
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.
Location
Gallery