Fully Leased Furnished Apartment
1345 Pennsylvania Avenue Miami Beach, FL 33139
1345 Pennsylvania Avenue, Miami Beach, FL, 33139
$4,700,000
For Sale
$4,700,000
Three-story multifamily property with 19 long-term leased, fully furnished units and an on-site shared laundry room.
Property Size8,219 SF
Price / SF$571.85
Days on Market40
Property Features for 1345 Pennsylvania Avenue
General Information
- Standard status
- Active
- Size
- 8,219 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1924
Listing Agency
XFERA REALTY GROUP, LLC.
Listed by
ORESTE LECCESE GUERRERO · License #A12013211
Source
Corcoran
Added: Jun 9 Checked: Jul 18 at 1:52 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of XFERA REALTY GROUP, LLC.
Investment Insights
Based on property information with market context.
This three-story apartment building contains 19 fully furnished residential units, including 12 one-bedroom, one-bath units and 7 studios. The property is operated with long-term leases in place, with all units currently leased according to the provided information. An on-site shared laundry room supports day-to-day tenant needs. The building is being offered as-is for buyers who want a turnkey multifamily format without additional value-added buildout.
The property is located in Miami Beach, positioned steps from the beach as well as Lincoln Road and Ocean Drive, with access to nearby dining and retail identified in the remarks. The listing also notes a “heart of Miami Beach” setting, emphasizing a walkable lifestyle around established commercial and hospitality corridors.
For investors or operators looking for a compact, unit-mix-focused residential income asset, the current configuration provides a blend of studio and one-bedroom layouts under long-term tenancy. Showing arrangements must be coordinated through ShowingTime, and buyers will need to provide proof of funds. The property is listed for sale as-is.
The property is located in Miami Beach, positioned steps from the beach as well as Lincoln Road and Ocean Drive, with access to nearby dining and retail identified in the remarks. The listing also notes a “heart of Miami Beach” setting, emphasizing a walkable lifestyle around established commercial and hospitality corridors.
For investors or operators looking for a compact, unit-mix-focused residential income asset, the current configuration provides a blend of studio and one-bedroom layouts under long-term tenancy. Showing arrangements must be coordinated through ShowingTime, and buyers will need to provide proof of funds. The property is listed for sale as-is.
Key Highlights
- Three‑story multifamily built in 1924
- 19 total residential units: 12 one‑bedroom/one‑bath and 7 studios
- All units are fully furnished and leased long‑term with strong, stable occupancy
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Three-story multifamily property with 19 long-term leased, fully furnished units and an on-site shared laundry room.
Where is this apartment building located?
The property is located at 1345 Pennsylvania Avenue Miami Beach, FL.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Three‑story multifamily built in 1924; 19 total residential units: 12 one‑bedroom/one‑bath and 7 studios; All units are fully furnished and leased long‑term with strong, stable occupancy
