No photos available
Offered at
$3,150,000
645 Lenox Avenue, Miami Beach, FL 33139
- 0
- Beds
- 0
- Full Baths
- 3,600
- Sq.Ft.
Listing courtesy of Antonieta Jacqueline Lamarca, Lamarca & Co. Inc
Property Description
Premier Investment Opportunity | Fully Stabilized 6-Unit Multifamily Asset in the Heart of South BeachExceptional turnkey investment opportunity at 645 Lenox Ave featuring six well-maintained and fully furnished 650 SF units, all with efficient and identical floor plans designed for streamlined management and operational efficiency. Offered in “As-Is” condition, this asset presents immediate income generation with strong long-term upside potential.The property currently produces a Gross Annual Income of approximately $170,400 based on 2026 actual income figures, delivering stable cash flow in one of Miami Beach’s most desirable and supply-constrained rental markets.Investor-Friendly Features Include:• Separate electric meters for each unit, minimizing owner expenses • Units included with inventory list for a seamless transition• Uniform layouts and low-maintenance management structure• 7,500 SF lot with RM-1 zoning offering long-term intrinsic land valueLong-Term Investment Security:The building has completed and received its 10-Year Recertification in accordance with Miami-Dade Ordinance 8-11(f), valid through 2035. This provides added confidence regarding structural and electrical compliance reducing the likelihood of near-term capital assessment exposure.Prime South Beach Location: Ideally positioned just steps from the transformative 500 Alton development, the new 3-acre public park, Baptist Health Center, Publix, and major lifestyle destinations.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 645 Lenox Avenue, Miami Beach, FL 33139
- Zoning
- 3900
- MLS ID
- A12015557
- Listing Date
- 2026-05-08
- Last Updated
- 5/8/2026, 7:57:27 PM
- Days on Market
- 35
Features & Amenities
The Details
Interior
- Flooring
- Ceramic Tile, Laminate
Exterior
- Construction
- Block
- Parking
- On Street
- Security
- Other, Smoke Detector(s), Security Fence, Motion Detector(s), Security Gate
Details
- Building Area
- 3,600 sq.ft.
- Lot Size
- 7,500 sq.ft.
- Lot Size (Acres)
- 0.17 acres
- Year Built
- 1935
- County
- Miami-Dade
- Zoning
- 3900
Financial
- List Price
- $3,150,000
- Original List Price
- $3,150,000
- Annual Tax
- $25,015/yr
Location
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Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.