$5,100,000

1345 Pennsylvania Ave, Miami Beach FL 33139

Income/MultiFamily
Built in 1924
7,500 Square Feet lot
0 days on market

About this property

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. Call the listing agent for a private appointment with 24 hours in advance. Require proof of funds. PLEASE USE SHOWING TIME.

Property Details

Parking

  • Parking features: Common, Free Parking, On Street

Exterior

  • Lot Features: City Location | Inside Location
  • Waterfront: No

Interior

  • Building Area Total: 8219
  • Cooling Type: Wall/Window Unit(s)
  • Flooring: Tile | Vinyl
  • Heating Type: Wall/Window Units
  • Stories: 3

Location

  • City: Miami Beach
  • County: Miami-Dade County
  • State: FL
  • Road Frontage (Length/Type): City Street
  • Zoning: 3900

Construction

  • New Construction: No
  • Sewer: Public Sanitation
  • Water Source: Public

Public Info

  • Lot Size: 7,500 Square Feet
  • Year Built: 1924
  • APN: 02-42-03-009-0720

Tax Information

  • Annual Tax Amount: $75,378
  • Tax Year: 2024

Price History

3/31/2026 Leased
Source: Miami REALTORS® 		$1,650
3/20/2026 Leased
Source: Miami REALTORS® 		$1,600
2/20/2026 Leased
Source: Miami REALTORS® 		$1,950

RACVantage maintains this site for informational purposes only and does not warrant the accuracy of listing data such as lot size, square footage, room counts or school districts. Data is provided in part by the Miami MLS courtesy of the Miami Association of REALTORS® and is for consumers’ personal non-commercial use to identify prospective properties of interest. Information is deemed reliable but not guaranteed; you should verify all details independently.

Listed by: Xfera Realty Group, LLC.

Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.