1345 Pennsylvania Ave, Miami Beach FL 33139
$4,700,000
Est. Payment $25,015/mo
1924
Year Built
3
Stories
32
Days on Market
Description
Prime Multifamily asset in the heart of Miami Beach. Three-story building with 19 fully furnished residential units:12 one-bedroom/one-bath units and 7 studios. All units are leased long-term with strong, stable occupancy. Located steps from the beach, Lincoln Road, Ocean Drive, and top dining and retail. Shared laundry room on-site. Ideal for investors seeking consistent cash flow and long-term value in a high-demand rental market. Turnkey opportunity in one of South Florida’s most desirable locations.The property selling AS IS. . Require proof of funds. PLEASE MUST USE SHOWING TIME. DO NOT TEXT REALTOR.
Facts
- MLS#
- A12013211
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1924
- Lot Size
- 7,500 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 3
- Garage
- —
- Pool
- —
- Days on Market
- 32 days
- Listed
- May 5, 2026
- Last Updated
- May 21, 2026
- Price/Lot Sq.Ft.
- $627/ft²
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
37
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/5/2026 | Listed for sale | $4,700,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Plantation Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.2 mi
- Super School
KG,UG · private · 0.4 mi
- Parkway Middle School
4,5,6,7,8 · public · 0.5 mi
- Broward Junior Academy
KG,1,2,3,4,5,6,7,8 · private · 0.5 mi
- Laser Christian Academy
PK,KG,1,2,3,4 · private · 0.6 mi
- Broward Estates Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
- Lauderhill Community Child Care Center
PK,KG,1,2 · private · 0.8 mi
- Upper Room Christian Faith Center and Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
- Riverwood Express Child Care
PK,KG · private · 0.9 mi
- C.G Smith Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.0 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$29,082/mo
Principal & Interest
$25,015
Property Tax
$3,917
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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