Quadruplex

1345 Pennsylvania Ave

Miami Beach, FL 33139

$4,700,000

Sq ft: 8,219
Year built: 1924
Price per sq ft: $572

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. ALL POTENTIAL BUYERS WILL NEED TO SIGN AN NDA AND PROVIDE VERIFABLE PROOF OF ABILITY TO PURCHASE PROPERTY. THANK YOU!

Details

Property

Type: Quadruplex
Style: Old Spanish
Building: Fourplex
Year built: 1924
Stories: 3
Building name: OCEAN BEACH ADDN NO 3
Subdivision: OCEAN BEACH ADDN NO 3
County: Miami-Dade County
Flood zone: AE

Interior

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

Exterior and parking

Exterior: Exterior Lights
Patio and porch: Patio
Construction: Concrete Block Construction

Community and fees

Annual taxes: $58,039
Terms: All Cash, Conventional, Cryptocurrency, Exchange

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.