1345 Pennsylvania Ave, Miami Beach FL 33139

$4,700,000

$572/sq ft

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Overview

Year Built

1924

Sqft

8219

Property Type

Quadruplex

Property 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 Details

MLS#

A12013240

Total Floor in Bldg

3

Address

1345 Pennsylvania Ave

City

Miami Beach

State/county

FL

Zip/Postal Code

33139

Area

Ocean Beach Addn No 3

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$58,039

Maint Fee

$--

Tax Year

2025

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Boris Gelfand