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1345 Pennsylvania Ave Miami Beach, FL 33139

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For Sale
$5,100,000

Furnished multifamily property in Miami Beach, steps from the beach.

Lot size:
0.17 Acres

Property Features for 1345 Pennsylvania Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.17 Acres

Building Details

Year built
1924

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Listing Contact
Oreste Leccese Guerrero
Source: Elliman

Listing Agent: Oreste Leccese Guerrero

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Miami Beach Multifamily Investment Property

This multifamily asset is located in Miami Beach. The three-story building contains 19 fully furnished residential units, including 12 one-bedroom/one-bath units and 7 studios. All units are leased long-term, with strong, stable occupancy. The property is located steps from the beach, Lincoln Road, and Ocean Drive, as well as various dining and retail options. A shared laundry room is located on-site. This property is suited for investors seeking consistent cash flow and long-term value in a high-demand rental market. It is a turnkey opportunity in one of South Florida’s most desirable locations. The property is selling AS IS.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Real Estate Agency Nail Salon Food Market Daycare Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Miami Beach
County
Miami-Dade
State
Florida
Longitude
-80.133799
Latitude
25.784966

FAQs

What type of property is this?
Apartment building - Furnished multifamily property in Miami Beach, steps from the beach.
Where is this apartment building located?
The property is located at 1345 Pennsylvania Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: - Prime Miami Beach location, steps from the beach, Lincoln Road, and Ocean Drive; - Multifamily asset with **19 fully furnished units** (12 one-bedroom/one-bath and 7 studios); - Fully leased long-term with strong, stable occupancy
More about this property
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