Miami Beach, FL 33139,1345 Pennsylvania Ave
Miami Beach, FL 33139,1345 Pennsylvania Ave
Miami Beach, FL 33139,1345 Pennsylvania Ave
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$5,100,000
Est. payment /mo
8,219 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,219 sqft

Price per Sqft $620

MLS Listing ID A11901525

HOA Y/N No

Year Built 1924

Annual Tax Amount $75,378

Tax Year 2024

Lot Size 7,500 Sqft

Property Sub-Type Multi Family

Property 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. Call the listing agent for a private appointment with 24 hours in advance. Require proof of funds. PLEASE USE SHOWING TIME.

Location

State FL

County Miami-dade

Area 42

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Vinyl

Exterior

Roof Type Other

Total Parking Spaces 4

Private Pool Yes

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 02-42-03-009-0720

Security Features Security System,Fenced,Smoke Detector(s)

Acceptable Financing Cash, Conventional, Cryptocurrency, 1031 Exchange

Listing Terms Cash, Conventional, Cryptocurrency, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11901525


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Xfera Realty Group, LLC.
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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1345 Pennsylvania Ave