1345 PENNSYLVANIA AVE, Miami Beach
$5,100,000 USD
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| Address | 1345 PENNSYLVANIA AVE, Miami Beach |
| Type of Property | Income / MultiFamily |
| Type of Business | Commercial / Residential Income, Residential-Multi-Family |
| Business Location | City Location,Inside Location |
| Property Style | Income Non-Waterfront |
| Price | $5,100,000 |
| Property Status | Active |
| MLS Number | A11901525 |
| Property Size | 7500 |
| Lot Size | 7500 |
| Year Built | 1924 |
| Parking Space Number | 4 |
| Folio Number | 02-42-03-009-0720 |
| Zoning Information | 3900 |
| Days on Market | 6 |
Detailed 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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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33139 |
| Address | 1345 PENNSYLVANIA AVE |
| Business Location | City Location,Inside Location |
| Section | 3 |
| Zip Code (4 Digits) | 4004 |
Financial Information
| Price | $5,100,000 |
| Price per Foot | $0 |
| Folio Number | 02-42-03-009-0720 |
| Tax Amount | $75,378 |
| Tax Year | 2024 |
| Possession Information | Funding |
Full Descriptions
| Detailed 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. |
| Year Built Description | Resale |
| Roof Description | Other |
| Floor Description | Tile, Vinyl |
| Cooling Description | Wall / Window Unit (s) |
| Heating Description | Wall / Window Units |
| Water Description | Public |
| Sewer Description | Public Sanitation |
| Parking Description | Common, Free Parking, On Street |
Property parameters
| Living Area | 7500 |
| Lot Size | 7500 |
| Total Acreage | 0.000 |
| Zoning Information | 3900 |
| Maximum Leasable Size | 7500 |
| Year Built | 1924 |
| Type of Property | Income / MultiFamily |
| Type of Business | Commercial / Residential Income, Residential-Multi-Family |
| Style | Income Non-Waterfront |
| Construction Type | Concrete Block Construction,CBS Construction |
| Stories Number | 3 |
| Parking Space Number | 4 |
| Listed with | Xfera Realty Group, LLC. |