9
  • Type
  • Quadruplex
  • 8219 Sq Ft
  • Area Size
1345 Pennsylvania Ave, Miami Beach FL 33139 | Miami-Dade County | A12013240
  • $4,700,000

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. 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!

Property Overview

This is a three-story quadruplex located at 1345 Pennsylvania Ave in Miami Beach, Florida. The building offers a total of 19 fully furnished residential units: 12 one-bedroom/one-bath units and 7 studio units. All units are currently leased long-term and have strong, stable occupancy, making this an attractive option for investors looking for consistent cash flow and long-term value. The property sits in a prime location, just steps from the beach and major destinations like Lincoln Road and Ocean Drive. It is close to top dining and retail options, making it a desirable address for residents. On-site amenities include a shared laundry room. The building has a total living area of 8,219 square feet and was originally constructed in 1924. This multifamily property is offered as-is. Potential buyers must sign an NDA and provide verifiable proof of funds to proceed. Showings are scheduled at specific times, and interested parties should avoid texting the realtor directly with inquiries. For more information or to schedule a showing, call 305-859-4733.

Frequently Asked Questions

How many units are in this quadruplex?

The property contains 19 fully furnished residential units.

What are the unit configurations in the building?

The units consist of 12 one-bedroom/one-bath units and 7 studios.

Is the property currently rented out?

Yes, all units are leased long-term with strong, stable occupancy.

What is the current asking price for the property?

The asking price is $4,700,000.

Where is the property located?

The property is located at 1345 Pennsylvania Ave, Miami Beach, FL 33139.

What are the requirements for buyers interested in the property?

All potential buyers must sign an NDA and provide verifiable proof of their ability to purchase the property.
  • Address: Pennsylvania Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: OCEAN BEACH ADDN NO 3

Details

Updated on June 23, 2026 at 6:45 am
  • Property ID A12013240
  • Price $4,700,000
  • Property Size 8219 Sq Ft
  • Year Built 1924
  • Type Quadruplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Tile, Vinyl
  • Cooling Wall/Window Unit(s)
  • Association Type None
  • Building OCEAN BEACH ADDN NO 3
  • Area Ocean Beach Addn No 3
  • Annual Tax 58039
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional, Cryptocurrency, Exchange
  • Waterfront No
  • Subdivision OCEAN BEACH ADDN NO 3
  • Total Stories 3
  • Heating Window/Wall
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 8219
  • Year Built Details Resale
  • Flood Zone AE
  • Patio / Porch Patio
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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