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For sale
    • $4,700,000

    1345 Pennsylvania Ave, Miami Beach, FL 33139

    1beds
    2baths
    8,219sqft
    : 
    $32,285/mo
    Get pre-qualified
    Quadruplex
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $572/sqft
    $-- HOA

    What's special

    Three-story buildingShared laundry room on-site
    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!
    93 days
    |
    183
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Oreste Leccese Guerrero 305-781-6490,

    Xfera Realty Group, LLC.

    Source: MIAMI,MLS#: A12013240MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      Heating
      • Window/Wall
      Cooling
      • Wall/Window Unit(s)
      Features
      • Flooring: Tile, Vinyl
      • Windows: Blinds
      Interior area
      • Total structure area: 8,219
      • Total interior livable area: 8,219 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      Features
      • Stories: 3
      • Patio & porch: Patio
      • Exterior features: Lighting
      • Fencing: Fenced
      Lot
      • Features: Less Than 1/4 Acre Lot
      Details
      • Parcel number: 0242030090720
      • Zoning: 3900

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Old Spanish
      • Property subtype: Quadruplex
      Materials
      • Concrete Block Construction
      • Roof: Other
      Condition
      • Year built: 1924

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Subdivision: Ocean Beach Addn No 3
      HOA
      • Has HOA: No
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $572/sqft
      • Annual tax amount: $58,039
      • Date on market: 5/5/2026
      • Listing terms: All Cash,Conventional,Cryptocurrency,1031 Exchange

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/5/2026Listed for sale$4,700,000-7.8%$572/sqft
        Source: MIAMI #A12013240 Report a problem
        5/2/2026Listing removed$5,100,000$621/sqft
        Source: MIAMI #A11929354 Report a problem
        12/11/2025Listed for sale$5,100,000+37.8%$621/sqft
        Source: MIAMI #A11929354 Report a problem
        1/12/2022Sold$3,700,000-12.7%$450/sqft
        Source: MIAMI #A11016678 Report a problem
        11/30/2021Pending sale$4,240,000$516/sqft
        Source: MIAMI #A11016678 Report a problem
        11/8/2021Listing removed--
        Source: MIAMI #A11016678 Report a problem
        3/22/2021Listed for sale$4,240,000-11.7%$516/sqft
        Source: MIAMI #A11016678 Report a problem
        5/3/2018Listing removed$4,800,000$584/sqft
        Source: Colfax Realty International Inc #A10413679 Report a problem
        2/5/2018Listed for sale$4,800,000$584/sqft
        Source: Colfax Realty International Inc #A10413679 Report a problem
        4/6/2017Listing removed$1,500
        Source: Zillow Rental Manager Report a problem
        2/8/2017Listed for rent$1,500
        Source: Zillow Rental Manager Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        98 / 100
        Walker's Paradise
        57 / 100
        Good Transit
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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