1345 Pennsylvania Avenue, Miami Beach, FL 33139

$4,700,000 · Active

  • 0 baths
  • 8,219 sq ft
  • Quadruplex
  • Built 1924
  • MLS# A12013240
  • Ocean Beach Addn No 3
Photo 1 at 1345 Pennsylvania Avenue, Miami BeachPhoto 2 at 1345 Pennsylvania Avenue, Miami BeachPhoto 3 at 1345 Pennsylvania Avenue, Miami BeachPhoto 4 at 1345 Pennsylvania Avenue, Miami BeachPhoto 5 at 1345 Pennsylvania Avenue, Miami BeachPhoto 6 at 1345 Pennsylvania Avenue, Miami BeachPhoto 7 at 1345 Pennsylvania Avenue, Miami BeachPhoto 8 at 1345 Pennsylvania Avenue, Miami Beach

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!

Features

Schools

  • Elementary: Miami Beach Fienberg / Fisher K-8
  • High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Xfera Realty Group, LLC. · Listing agent: Oreste Leccese Guerrero

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1345 Pennsylvania Avenue.

Questions About 1345 Pennsylvania Avenue

How much is 1345 Pennsylvania Avenue?
1345 Pennsylvania Avenue is listed at $4,700,000, which is about $572 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1345 Pennsylvania Avenue?
The listing reports annual property taxes of $58,039 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1345 Pennsylvania Avenue built?
1345 Pennsylvania Avenue was built in 1924 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1345 Pennsylvania Avenue been on the market?
1345 Pennsylvania Avenue has been listed for 142 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1345 Pennsylvania Avenue?
The MLS lists Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1345 Pennsylvania Avenue?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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Nearby ZIP Codes

Miami Beach neighborhoods include Nautilus and La Gorce. Nearby ZIP codes include 33109 and 33140. This property also neighbors Miami, Brickell, and Key Biscayne. Compare it with the Miami Beach housing market report.