Furnished 19-Unit Apartment
For Sale
$4,700,000
1345 Pennsylvania Ave, Miami Beach, FL 33139
Three-story Miami Beach property with long-term leases, a varied residential unit mix, and shared on-site laundry.
Property Size8,219 SF
Price / SF$571.85
Days on Market56
Property Features for 1345 Pennsylvania Ave
General Information
Standard status
Active
Size
8,219 SF
Site & Location
Neighborhood
Art Deco Historic District
Units
Unit Mix
12 x 1BR/1BA, 7 x studio
Multifamily Units
19
Additional Details
Furnished
Yes
Amenities
laundry room
Building Details
Year Built
1924
Buildings
1
Stories
3
Listing Agency:
Xfera Realty Group, LLC.
Listed By:
Oreste Leccese Guerrero · License #3392288
(305) 781-6490
Source:
Mymiahomes
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 7 at 5:41PM
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.
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Investment Insights
Based on property information with market context.
This three-story apartment building contains 19 furnished residential units, including 12 one-bedroom, one-bath apartments and 7 studio units. All units are leased on a long-term basis, and residents have access to a shared laundry room on-site. The property is being sold AS IS.
Located in Miami Beach, the building is described as being steps from the beach, Lincoln Road, Ocean Drive, and nearby dining and retail. Built in 1924, the property offers an established multifamily configuration in a densely amenitized coastal setting.
Located in Miami Beach, the building is described as being steps from the beach, Lincoln Road, Ocean Drive, and nearby dining and retail. Built in 1924, the property offers an established multifamily configuration in a densely amenitized coastal setting.
Key Highlights
- 19 furnished residential units: 12 one‑bedroom/one‑bath units and 7 studios
- Three‑story apartment building built in 1924
- All units leased long‑term
Property Analytics
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Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
8,611
Businesses Nearby
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Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Three-story Miami Beach property with long-term leases, a varied residential unit mix, and shared on-site laundry.
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 $4,700,000.
What are key features of this property?
This property features: 19 furnished residential units: 12 one‑bedroom/one‑bath units and 7 studios; Three‑story apartment building built in 1924; All units leased long‑term
