Ocean Beach Addn No 3
$5,100,000
1345 Pennsylvania Ave, Miami Beach, FL 33139
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 12/12/2025
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: Copy Of Lease(S), Other Available Information, 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. Call the listing agent for a private appointment with 24 hours in advance. Require proof of funds. PLEASE USE SHOWING TIME.
Location
Gallery
