1345 Pennsylvania Ave, Miami Beach FL 33139

Discover a rare multifamily investment opportunity in the heart of Miami Beach. Located in the OCEAN BEACH ADDN NO 3 subdivision and listed as a Residential Income property with a Quadruplex classification, this three-story, Old Spanish-style building was built in 1924 and offers approximately 8,219 square feet of living area.
The property includes 19 fully furnished residential units: 12 one-bedroom, one-bath residences and 7 studios. All units are leased long-term, providing strong and stable occupancy in one of South Florida’s most desirable rental markets. A shared laundry facility adds convenience for residents, while exterior lighting enhances the property’s functionality and appeal. Cooling is provided by wall/window units, with window/wall heating.
Situated in Miami-Dade County, 1345 Pennsylvania Ave, Miami Beach FL 33139 is just steps from the beach, Lincoln Road, Ocean Drive, excellent restaurants, shopping, and vibrant nightlife. Miami offers year-round sunshine, beautiful beaches, outdoor recreation, major cultural attractions, and convenient infrastructure, making it an exceptional place to live and invest.
This turnkey opportunity is being sold AS IS. Proof of funds is required. Showings must be scheduled through ShowingTime. Do not text the Realtor. All potential buyers must sign an NDA and provide verifiable proof of ability to purchase.
For more information or to arrange a showing, call or WhatsApp +1 786.468.4380.