Miami Beach Multifamily
For Sale
Contact for pricing
1345 Pennsylvania Ave, Miami Beach, FL 33139
Three-story building with 19 furnished units near the beach.
Property Size8,219 SF
Price / SF$620.51
Days on Market718
Property Features for 1345 Pennsylvania Ave
General Information
Standard status
Active
Size
8,219 SF
Total Parking Spaces
4
Property subtype
Multifamily
Zoning
3900
Building Details
Year Built
1924
Buildings
1
Stories
3
Units
19
Listing Agency:
Xfera Realty Group, LLC.
(305) 928-4955
Listed By:
Oreste Leccese · License #3392288
Source:
Crexi
Added: Aug 29, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:02AM
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 multifamily property 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 stable occupancy. A shared laundry room is located on-site. The property is located near the beach, Lincoln Road, and Ocean Drive, as well as dining and retail options. The property is being sold AS IS. The building has a Property Size of 8219 square feet.
Key Highlights
- Prime Miami Beach location, steps from the beach, Lincoln Road, and Ocean Drive.
- 19 fully furnished residential units (12 one‑bedroom/one‑bath and 7 studios).
- Strong, stable long‑term occupancy providing consistent cash flow.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,611
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story building with 19 furnished units near 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.; 19 fully furnished residential units (12 one‑bedroom/one‑bath and 7 studios).; Strong, stable long‑term occupancy providing consistent cash flow.
