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, Li

1345 PENNSYLVANIA AVE #19, Miami Beach

$5,100,000 USD
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Address1345 PENNSYLVANIA AVE #19, Miami Beach
Building NameOCEAN BEACH ADDN NO 3
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$5,100,000
Property StatusActive
MLS NumberA11929354
Living Area8219
Year Built1924
Parking Space Number4
Folio Number02-42-03-009-0720
Zoning Information3900
Days on Market111

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
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address1345 PENNSYLVANIA AVE
Section9
Zip Code (4 Digits)4004
Financial Information
Price$5,100,000
Price per Foot$0
Folio Number02-42-03-009-0720
Tax Amount$56,280
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionPrime 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.
Roof DescriptionOther
Floor DescriptionTile, Vinyl
Cooling DescriptionWall / Window Unit (s)
Heating DescriptionWindow / Wall
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area8219
Zoning Information3900
Year Built1924
Type of PropertyQuadruplex
StyleQuadruplex
Building NameOCEAN BEACH ADDN NO 3
Development NameOCEAN BEACH ADDN NO 3
Construction TypeConcrete Block Construction
Stories Number3.000
Parking Space Number4
Listed withXfera Realty Group, LLC.