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1345 Pennsylvania Ave, Miami Beach, FL, 33139

1beds
2baths
8,219sqft
$4,700,000
$572price/sqft
$27,852/moest. monthly cost
$1,114,080/yrincome needed

About This Home

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.

Getting Around

98
WalkingWalker's Paradise
57
TransitGood Transit
77
BikeVery Bikeable

Schools

5/10
4/10
5/10
Nautilus Middle SchoolGrades 6-82.1 mi

Construction

Condition

  • Year built: 1924

Materials

  • Roof: Other
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: MultiFamily
  • Architectural style: Old Spanish
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2

Features

  • Window features: Blinds
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Window/Wall
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 8,219
  • Total interior livable area: 8,219 sqft

Property

Details

  • Parcel number: 0242030090720
  • Zoning: 3900

Features

  • Stories: 3
  • Patio & porch: Patio
  • Exterior features: Lighting
  • Fencing: Fenced

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 4