‹›1345 Pennsylvania Avenue
1345 Pennsylvania Avenue, Miami Beach, FL 33139
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1345 Pennsylvania Avenue For Sale

$4,700,000
1345 Pennsylvania Avenue · Ocean Drive · Miami Beach
1345 Pennsylvania Avenue For Sale
$4,700,000
Ocean Drive · Miami Beach, FL 33139
MLS A12013240
1345 Pennsylvania Avenue, 1345 Pennsylvania Avenue, Ocean Drive, Miami Beach FL 33139, photo 1 of 91345 Pennsylvania Avenue, 1345 Pennsylvania Avenue, Ocean Drive, Miami Beach FL 33139, photo 2 of 91345 Pennsylvania Avenue, 1345 Pennsylvania Avenue, Ocean Drive, Miami Beach FL 33139, photo 3 of 91345 Pennsylvania Avenue, 1345 Pennsylvania Avenue, Ocean Drive, Miami Beach FL 33139, photo 4 of 91345 Pennsylvania Avenue, 1345 Pennsylvania Avenue, Ocean Drive, Miami Beach FL 33139, photo 5 of 91345 Pennsylvania Avenue, 1345 Pennsylvania Avenue, Ocean Drive, Miami Beach FL 33139, photo 6 of 91345 Pennsylvania Avenue, 1345 Pennsylvania Avenue, Ocean Drive, Miami Beach FL 33139, photo 7 of 91345 Pennsylvania Avenue, 1345 Pennsylvania Avenue, Ocean Drive, Miami Beach FL 33139, photo 8 of 91345 Pennsylvania Avenue, 1345 Pennsylvania Avenue, Ocean Drive, Miami Beach FL 33139, photo 9 of 9
$4,700,000Asking Price
$572Per SqFt
—/—Beds/BathsBd/Ba
8,219SqFt · 763.6 m²
MLS A12013240 · 181 days on Zilbert · Listed May 5, 2026 · 1345 Pennsylvania Avenue, Ocean Drive, Miami Beach FL 33139
This property is also available to rent. See the rental listing

Property Details

Asking Price$4,700,000
Price per SqFt$572
Property Taxes$58,039 2025
Interior Space8,219 SqFt
Beds/Baths—/—
Year Built1924
PoolNo
MLS #A12013240

Location

Directions

From the listing

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!

Listed by Xfera Realty Group, LLC.

What It Costs to Own

Monthly, before a mortgage and insurance

Property taxes$4,837
Per month$4,837

Taxes $58,039 for 2025. MLS figures, which may not be accurate.

Sales History for This Home · 1345 Pennsylvania Avenue, Miami Beach, FL 33139

Sale ⇅Sold Price ⇅Asking Price ⇅Beds/Baths ⇅SqFt ⇅Closed Date ⇅
Mark Zilbert, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale in this neighborhood. Ask me about this home or the neighborhood.

Listed by Xfera Realty Group, LLC.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.

The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

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