$4,700,000
1345 Pennsylvania Avenue
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $4,700,000
- Price per sq ft
- $572
- Original price
- Unchanged
- Days on market
- 141
This multi-family property in Ocean Beach Addn No 3 is listed at $4,700,000, or $572 per square foot. It has been on the market for 141 days.
Estimated monthly payment
$24,701 /mo
Principal and interest only, based on $940,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $4,700,000
- Days on Site
- 141 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 8,219 sqft
- Total Sq Ft
- 8,219 sqft
- Year Built
- 1924
- Property Type
- Multi-Family
- MLS #
- A12013240
- Property Tax
- $58,039 (2025)
- Subdivision
- OCEAN BEACH ADDN NO 3
- County
- Miami Dade
- Status
- Active
About This Property
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!
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1924
- Property Condition
- Resale
- Number of Stories
- 3
- Living Sq Ft
- 8,219
- Total Sq Ft
- 8,219
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3900
Interior Features
- Cooling
- Wall Window Units
- Heating
- Separate Meters / Wall Furnace
- Flooring
- Tile / Vinyl
- Laundry
- Outside
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Lighting / Outdoor Living Area
- Patio & Porch
- Patio
- Lot Features
- Sprinklers Automatic
Community & HOA
- Utilities
- Cable Not Available
- Financing Terms
- Cash / Conventional / Cryptocurrency / Exchange1031
- MLS Area
- 2320
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
Ocean Beach Addn No 3 is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,700,000 to $2,300,000. Pure Equity lists homes in Ocean Beach and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 15
- Median List Price
- $2,200,000
- Median $/Sq Ft
- $874
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 1345 Pennsylvania Avenue, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1345 Pennsylvania Avenue, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1345 Pennsylvania Avenue, Miami Beach, FL 33139 still available?
- 1345 Pennsylvania Avenue, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 141 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1345 Pennsylvania Avenue, Miami Beach, FL 33139?
- With 20% down ($940,000) on the $4,700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1345 Pennsylvania Avenue, Miami Beach, FL 33139 is about $24,701/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1345 Pennsylvania Avenue, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1345 Pennsylvania Avenue, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1345 Pennsylvania Avenue, Miami Beach, FL 33139?
- 1345 Pennsylvania Avenue, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1345 Pennsylvania Avenue, Miami Beach, FL 33139?
- Often, yes. The right offer on 1345 Pennsylvania Avenue, Miami Beach, FL 33139 depends on how it's priced against comparable multi-family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Xfera Realty Group, LLC.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$4,700,000
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Listed by Oreste Leccese Guerrero, Xfera Realty Group, LLC.
Map & Location
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Recent Sales
Recently sold homes in Ocean Beach Addn No 3
These are the last 6 recorded closings in Ocean Beach Addn No 3, with the price each home actually sold for rather than what it was listed at. They closed at a median of $577 per square foot. The most recent closed on September 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$350,000
Sold · September 2, 2026
1045 10th Street 204
1 bed · 1.5 bath · 890 sqft · $393/sqft
Sold$1,800,000
Sold · July 30, 2026
1018 Jefferson Avenue
12 bed · 11 bath · 4,689 sqft · $384/sqft
$750,000 under the asking price
Sold$2,375,000
Sold · June 22, 2026
1335 Lenox Avenue
5 bed · 3 bath · 2,363 sqft · $1,005/sqft
$124,000 under the asking price
Sold$3,550,000
Sold · April 23, 2026
1315 Lenox Avenue
3 bed · 2.5 bath · 2,378 sqft · $1,493/sqft
$300,000 under the asking price
Sold$1,900,000
Sold · March 30, 2026
1244 Michigan Avenue
5 bed · 3 bath · 3,295 sqft · $577/sqft
Sold$1,200,000
Sold · January 13, 2026
1405 Lenox Avenue
3 bed · 2 bath · 2,112 sqft · $568/sqft
$299,000 under the asking price
See every recorded sale in Ocean Beach Addn No 3 or find out what your Ocean Beach Addn No 3 home is worth.
