$4,250,000list price
Price cut$500,000
0 ba · 7,852 sq ft 2 to 4 units
1561 JEFFERSON AVE, MIAMI BEACH, FL 33139
Listing courtesy of The Corcoran Group. MLS# A11969125.On the MLS · Listed Feb 18
$4,700,000
1345 PENNSYLVANIA AVE, MIAMI BEACH, FL 33139
0 baths8,219 sq ft2 to 4 unitsBuilt 1924
Updated today, November 3, 2026This home against Miami Beach
$572 per sq ft, 18% under the Miami Beach median
184 days on the market
$58,039 in property taxes (2025)
Miami Beach today: 1,854 homes for sale, median list price $659,000.
About this home
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!
Zoned schools
Elementary: Miami Beach Fienberg/Fisher K-8 Center
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi
Distances from the center of MIAMI BEACH.
Listing courtesy of Xfera Realty Group, LLC.. MLS# A12013240.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed May 3, 2026.
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