$3,950,000
Active
$3,950,000
939 47th
Miami Beach, FL 33140
5 bd4 ba3,630 sqft
Nautilus Addn
$4,700,00026 days on marketActive
1345 Pennsylvania Avenue, Miami Beach, FL 33139
Miami Beach, FL 33139
8,219
Sq Ft
$572
$/Sq Ft
1924
Year Built
Listing Snapshot
| List Price | $4,700,000 |
| Price / Sq Ft | $572 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 8,219 sqft |
| Year Built | 1924 |
| Property Tax | $58,039/yr |
| MLS # | 1159463971 |
| Status | Active |
| Days on Market | 26 |
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!
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Quadruplex
- Stories
- 3
- Parking Spaces
- 4
- Zoning
- 3900
- Utilities
- CableNotAvailable
- Subdivision
- OCEAN BEACH ADDN NO 3
Interior Features
- Flooring
- Tile,Vinyl
- Heating
- SeparateMeters,WallFurnace
- Cooling
- WallWindowUnits
- Laundry
- Outside
Exterior Features
- Construction
- Block
- Exterior Features
- Lighting,OutdoorLivingArea
- Roof
- Other
- Lot Features
- SprinklersAutomatic
- Patio / Porch
- Patio
- Fencing
- Fenced
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 2320
Schools
ElementaryMiami Beach Fienberg / Fisher K-8
HighMiami Beach
Map
Virtual Tour
View Virtual TourListed by Oreste Leccese Guerrero · Xfera Realty Group, LLC.
MLS# 1159463971 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1159463971 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $3,760,000
%
Est. Monthly$30,486
Principal & Interest$25,650
Property Tax$4,837
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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