1345 Pennsylvania Ave, Miami Beach FL 33139 | Miami-Dade County | A12013240
- $4,700,000
- $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
Frequently Asked Questions
How many units are in this quadruplex?
What are the unit configurations in the building?
Is the property currently rented out?
What is the current asking price for the property?
Where is the property located?
What are the requirements for buyers interested in the property?
Address
Open on Google Maps-
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
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees