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Homes for sale in Miami Beach
Income/MultiFamily

1345 Pennsylvania Ave

Miami Beach, FL 33139
$4,700,000
Year built
1924

Listing courtesy of Oreste Leccese Guerrero, Xfera Realty Group, LLC.

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.

Details

Property

Type
Income/MultiFamily
Year built
1924
Stories
3
Lot size
7,500 sq ft
County
Miami-Dade County
Flood zone
AE

Interior

Flooring
Tile, Vinyl
Cooling
Wall/Window Unit(s)
Heating
Wall/Window Units

Exterior and parking

Parking
Common, Free Parking, On Street
Construction
Concrete Block Construction

Community and fees

Security
Smoke Detector(s), Security Fence, Security System
Terms
All Cash, Conventional/Refinance, Cryptocurrency, Exchange
Lease term
Annual Lease

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 9, 2026.