$4,100,000
7,868 sqft
1000 7th Street, Miami Beach, FL 33139
OCEAN BEACH ADDN NO 3
1345 Pennsylvania Ave, Miami Beach, FL 33139
$4,700,000— Beds— Baths8,219 Sq. Ft.$572 / sq. ft.
Miami Beach, FL 33139 · OCEAN BEACH ADDN NO 3
Status
Active
Type
Quadruplex
Year Built
1924
Days on Market
127
MLS #
A12013240
County
Miami-Dade County
About 1345 Pennsylvania Ave, Miami Beach, FL 33139
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. ALL POTENTIAL BUYERS WILL NEED TO SIGN AN NDA AND PROVIDE VERIFABLE PROOF OF ABILITY TO PURCHASE PROPERTY. THANK YOU!
How This Listing Compares in Miami Beach
Per square foot, it is asking 7% below the Miami Beach median for sales closed over the last twelve months.
| This home | Miami Beach median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $572 | $615 |
| Days on market | 127 | 84 |
Medians from closed MLS sales in Miami Beach; a starting point, not an appraisal.
Home Features at 1345 Pennsylvania Ave, Miami Beach, FL 33139
- Flooring
- Tile, Vinyl
- Heating
- Window/Wall
- Cooling
- Wall/Window Unit(s)
- Architectural Style
- Old Spanish
- Pool Private
- No
- Year Built Details
- Resale
The Building at 1345 Pennsylvania Ave, Miami Beach, FL 33139
- Building Name
- OCEAN BEACH ADDN NO 3
- Building Area Total
- 8219
- Building Area Units
- Square Feet
- Stories
- 3
- Stories Total
- 3
- Association
- No
Lot, Views & Construction at 1345 Pennsylvania Ave, Miami Beach, FL 33139
- Lot Features
- Less Than 1/4 Acre Lot
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- No
- Construction Materials
- Concrete Block Construction
- Roof
- Other
- Exterior Features
- Exterior Lights
- Sewer
- Public Sewer
- Water Source
- Municipal Water
- New Construction
- No
Taxes & Public Record for 1345 Pennsylvania Ave, Miami Beach, FL 33139
- Parcel Number
- 02-42-03-009-0720
- Tax Annual Amount
- $58,039
- Tax Year
- 2,025
- Tax Legal Description
- OCEAN BEACH ADDN NO 3 PB 2-81 LOT 14 BLK 39 LOT SIZE 50.000 X 150 OR 15566-564 0692 1 PROBATE 21471-1475 10 2002 3 COC 25983-1919 10 2007 6
- Zoning
- 3900
- County Or Parish
- Miami-Dade County
Map & Neighborhood
1345 Pennsylvania Ave, Miami Beach, FL 33139 · More homes in Miami Beach
Courtesy of Xfera Realty Group, LLC.
Comparable Listings in Miami Beach
1345 Pennsylvania Ave, Miami Beach, FL 33139 at a Glance
Offered for sale in Miami Beach 33139, 1345 Pennsylvania Ave is a multi-family home with about 8,219 square feet of living space, dating to 1924. The asking price is $4,700,000, on the market since May 5, 2026, with Xfera Realty Group, LLC. as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.