About 1345 Pennsylvania Avenue
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. Require proof of funds. PLEASE MUST USE SHOWING TIME. DO NOT TEXT REALTOR. ALL POTENTIAL BUYERS WILL NEED TO SIGN AN NDA AND PROVIDE VERIFABLE PROOF OF ABILITY TO PURCHASE PROPERTY. THANK YOU!
Features of 1345 Pennsylvania Avenue
| MLS® # | A12013240 |
|---|---|
| USD | $4,700,000 |
| CAD | $6,579,295 |
| CNY | 元31,488,120 |
| EUR | €4,094,433 |
| GBP | £3,510,477 |
| RUB | ₽395,195,270 |
| Year Built | 1924 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 1345 Pennsylvania Avenue |
|---|---|
| Area | 2320 |
| Subdivision | OCEAN BEACH ADDN NO 3 |
| City | Miami Beach |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33139 |
Amenities
| Utilities | Cable Not Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Guest House | No |
Interior
| Heating | Window/Wall, Separate Meters |
|---|---|
| Cooling | Wall/Window Unit(s) |
| # of Stories | 3 |
Exterior
| Exterior Features | Lighting |
|---|---|
| Roof | Other |
| Construction | Block |
School Information
| Elementary | Miami Beach Fienberg / Fisher K-8 |
|---|---|
| High | Miami Beach |
Additional Information
| Date Listed | May 5th, 2026 |
|---|---|
| Days on Market | 138 |
| Zoning | 3900 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 0242030090720 |
Listing Details
| Office | Xfera Realty Group, LLC. |
|---|---|
| oresterealtor@gmail.com |