Address Withheld By Seller, Miami Beach, FL 33139

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Address Withheld By Seller,Miami Beach, FL 33139
$3,150,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,600 sq. ft.
  • Multi-family
  • Active
Listed by: antonieta lamarca
Office: lamarca & co. inc
MLS#:A11988379
Source:SEFMLS

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Price summary

  • Price:$3,150,000
  • Price per sq. ft.:$875

About this home

Premier Investment Opportunity: Stabilized 6-Unit Multifamily in South Beach. This turnkey asset at 645 Lenox Ave features 6 uniform 650 SF units with functional, identical layouts. Property is being sold in "As-Is" condition. It offers a lean operational structure with separate electric meters for each unit, allowing tenants to pay their own electricity. Boasting a Gross Annual Income of $170,400 based on 2026 actuals. High Investment Security: The property officially received its 10-Year Building Recertification (Miami-Dade Ordinance 8-11(f)), valid until 2035. This ensures structural and electrical safety, significantly reducing the risk of unexpected special assessments. AAA Location: Steps from the 500 Alton Project, a new 3-acre park, Baptist Health Center, and Publix. The property sits on a 7,500 SF lot with RM-1 Zoning. All units come fully furnished with an inventory list. Ideal for investors seeking immediate cash flow and long-term appreciation in a supply-constrained...

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Home facts

  • Year built:1935
  • Listing ID #:A11988379
  • Updated:March 24, 2026 at 07:53 PM

Rooms and interior

  • Flooring:Ceramic Tile
  • Living area:3,600 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Barrel
  • Year built:1935
  • Building area:3,600 sq. ft.
  • Lot Features:Sprinklers Automatic
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Exterior Features:Awnings, Security High Impact Doors
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,150,000
  • Price per sq. ft.:$875
  • Tax amount:$25,015 (2025)

Features and amenities

  • Amenities:Blinds, Impact Glass Windows
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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