1345 Pennsylvania Ave ,Old Spanish, Quadruplex, Ocean Beach Addn No 3 for Sale

1345 Pennsylvania Ave for Sale

Price $4,700,000.00

• Lot size 8219
• Year Build 1924
• Waterfront
• Zip 33139
• Style Old Spanish
• Parking Description
• Pool Yes
• Status Active

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!

OCEAN BEACH ADDN NO 3 PB 2-81 LOT 14 BLK 39 LOT SIZE 50.000 X 150 OR 15566-564 0692 1 PROBATE 21471-1475 10 2002 3 COC 25983-1919 10 2007 6

Less Than 1/4 Acre Lot

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!

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:3,Tax Year:2025,Flooring:1:Vinyl,Latitude:25.784966,Cooling Y N:1,Heating Y N:1,List Price:4700000,Listing Id:A12013240,Longitude:-80.1338168,Mls Status:Active,Year Built:1924,Living Area:8219,Postal Code:33139,Street Name:Pennsylvania Ave,Coordinates:1:25.784966,Photos Count:9,Building Name:OCEAN BEACH ADDN NO 3,Days On Market:32,Listing Terms:1:Conventional,2:Cryptocurrency,3:Exchange,Lot Size Units:Square Feet,M I A M I R E_ Area:42,M L S Area Major:Ocean Beach Addn No 3,On Market Date:2026-05-05,Parcel Number:02-42-03-009-0720,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Water,Stories Total:3,Street Number:1345,M I A M I R E_ Style:Fourplex,Public Remarks: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!,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2027-05-01,List Office Name:Xfera Realty Group, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4004,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:OCEAN BEACH ADDN NO 3,Tax Annual Amount:58039,Unparsed Address:1345 Pennsylvania Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:8219,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AE,M I A M I R E_ L P Amt Sq Ft:571.8457,Original List Price:4700000,Public Survey Range:42,Building Area Source:Appraisal,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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!,Listing Contract Date:2026-05-05,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:See Broker Remarks,Showing Assist,Street Number Numeric:1345,Tax Legal Description:OCEAN BEACH ADDN NO 3 PB 2-81 LOT 14 BLK 39 LOT SIZE 50.000 X 150 OR 15566-564 0692 1 PROBATE 21471-1475 10 2002 3 COC 25983-1919 10 2007 6,M I A M I R E_ Current Price:4700000,Public Survey Township:42,M I A M I R E_ Municipal Code:2,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:7501,M I A M I R E_ Exp Incl Retax Y N:1,M I A M I R E_ Exp Incl Trash Y N:1,M I A M I R E_ Internet Remarks:Prime Multifamily asset in the heart of Miami Beach. Three-story building with 19 fully furnished residential,M I A M I R E_ Parcel Number M L X:0720,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.784966$-80.133798$125.78$13.33$1.00$eeV5XKVQJ4EryzBK1cjh7g,Contract Status Change Date:2026-05-05,Internet Address Display Y N:1,M I A M I R E_ Exp Incl Janitor Y N:1,Number Of Units In Community:2,M I A M I R E_ Exp Incl Electric Y N:1,M I A M I R E_ Exp Incl Supplies Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:9,M I A M I R E_ Agent Alternate Phone:305-781-6490,M I A M I R E_ Exp Incl Management Y N:1,M I A M I R E_ Exp Incl Water Sewer Y N:1,M I A M I R E_ Exp Incl Property Tax Y N:1,M I A M I R E_ Exp Incl Adv Lic Permit Y N:1,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1345 Pennsylvania Ave,M I A M I R E_ Exp Incl Extermination Y N:1,M I A M I R E_ Exp Incl Miscellaneous Y N:1,M I A M I R E_ Exp Incl Maintand Repair Y N:1,M I A M I R E_ Exp Incl Lawn Maintenance Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:571.85,