765 Lenox Ave, Miami Beach, FL 33139

$4,800,000

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List Price
$4,800,000
MLS#
A12075021
Status
ACTIVE
Type
Commercial

Property Description

Exceptional 12-Unit Investment Opportunity in the Heart of Miami Beach! Discover a rare opportunity to own an Art Deco, two-story, 12-unit condo building in one of Miami Beach’s most desirable locations. The property features 10 one-bedroom/one-bath units and 2 studio units, offering an attractive mix for investors seeking a strong income-producing asset. Each unit features wood flooring throughout, with tile flooring in the bathrooms. The property offers residential-only use and street parking, providing a low-maintenance investment opportunity in a highly sought-after neighborhood. Ideally situated within walking distance of the beach and just minutes from an array of shopping, dining, entertainment, and other Miami Beach attractions, this property offers excellent potential for both long-term income and future appreciation. Don’t miss this exceptional opportunity to acquire a well-located multifamily asset in the heart of Miami Beach.

Additional Information

Days on Market
21
Water Access
Building & Land, Inventory, Leases
Parcel Number
02-42-03-009-7630
Lot Size
7,500
Directions
FROM 395, GO EAST TO ALTON RD, MAKE A LEFT, GO UP TO 8TH ST. RIGHT ON THE CORNER OF 8TH ST & LENOX AVE; BROWN 2-STORY BUILDING ON THE NORTH SIDE.
Address
765 Lenox Ave, Miami Beach
Year Built
1954
Section
3

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Listing Courtesy of One Stop Realty, Contact: