USAFLMiami Beach¤Ocean Beach Addn No 3645 Lenox Ave
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645 Lenox Ave, Miami Beach, FL

House

For Sale

Listed price in listed location currency (USD).
$3,150,000

000

MLS® A12015557

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $25,015
Days Active 13
Lot Size 
Approx. Age 1935
MLS® Number A12015557

Property Address: 645 Lenox Ave, Miami Beach, FL, 33139-5966

Average square foot calculated using Size range provided by listing agent.

Description

Premier Investment Opportunity | Fully Stabilized 6-Unit Multifamily Asset in the Heart of South Beach Exceptional 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 value Long-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.
MLS® NumberA12015557
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1935
Basement
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 8, 2026List Date
$3,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
645 Lenox Ave, Miami Beach, FL

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