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Partially Furnished 1BR Apartment
For Lease
$1,890/Mo

1345 Pennsylvania Ave 5B, Miami Beach, FL 33139

Water is included, and the unit comes partially furnished with on-site laundry and straightforward move-in terms.

Space SizeContact for details
Days on Market65

Property Features for 1345 Pennsylvania Ave 5B

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 1

Building Details

Year Built 1924
Listing Agency: Xfera Realty Group, LLC.
Listed By: Oreste Leccese · License #3392288
Source: Elliman
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 7 at 5:44AM

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 partially furnished 1-bedroom, 1-bath apartment is available for immediate occupancy and is currently vacant for easy showings. Water is included in the rent. The building offers on-site laundry facilities for added day-to-day convenience. Move-in costs are limited to the first month’s rent plus one month security deposit. The tenant is responsible for connecting and paying for electricity upon move-in. A rental application is required, and the owner will not accept or process any offer with missing documentation. Credit score requirements are stated as 650+.

The apartment is positioned in the heart of Miami Beach with walking access to multiple popular destinations, including beach access about five minutes away, Lincoln Road about seven minutes away, and Española Way about five minutes away. The area offers nearby dining, cafés, shopping, and nightlife. The listing notes bikeScore 71 (Very Bikeable), walkScore 92 (Walker’s Paradise), and transitScore 59 (Good Transit). All appointments must be scheduled through Showing Assist.

For a tenant looking for a compact, ready-to-live-in setup, this unit’s included water and partially furnished status can reduce day-one costs and setup time. With on-site laundry and clear move-in and utility responsibilities, the space can be a practical fit for someone who wants to be within easy walking distance of Miami Beach’s central attractions.

Key Highlights

  • 1 bed, 1 bath unit in a 1924‑built building in Miami Beach
  • Water included in the rent; tenant pays and connects electricity service upon move‑in
  • Partially furnished unit

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,611
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Water is included, and the unit comes partially furnished with on-site laundry and straightforward move-in terms.
Where is this multifamily property located?
The property is located at 1345 Pennsylvania Ave 5B Miami Beach, FL.
What is the lease rate?
The lease rate is $1,890/Mo.
What are key features of this property?
This property features: 1 bed, 1 bath unit in a 1924‑built building in Miami Beach; Water included in the rent; tenant pays and connects electricity service upon move‑in; Partially furnished unit
More about this property
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