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13-Unit Apartment Building with Covered Parking

846 Lenox Avenue, Miami Beach, FL 33139

For Sale
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The property has on-site laundry, central air-conditioning units, and completed 40-year recertification.

Property SizeContact for details
Days on Market19

Property Features for 846 Lenox Avenue

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 13
Tenant in Place Yes

Amenities

covered parking
on-site laundry facility

Building Details

Year Built 1988
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Rosy Cancela · License FL #0574234
Source: Crexi
Added: Oct 26 Changed: Nov 13 Last Checked: Nov 12 at 6:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

This 13-unit apartment building was constructed in 1988 and includes covered parking and an on-site laundry facility. Impact windows are installed throughout, and the property has central air-conditioning units and a new sewer main connection. Four apartments have been renovated, and the building has completed its 40-year recertification.

Current occupancy includes one vacant apartment and another leased at a discounted rate. Rents are below market. These existing conditions provide a clear picture of the building’s unit status and rental profile.

Key Highlights

  • 13 apartments in a building constructed in 1988
  • Covered parking and on‑site laundry facility
  • Impact windows throughout and central air‑conditioning units

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

13
Residential units

Location Intelligence

Trade Area within ½ mile

6,044
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Miami Beach, FL

$537 Jul
$536 Aug
$592 Sep
$551 Oct

Properties on Market for Apartment buildings in Miami Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property has on-site laundry, central air-conditioning units, and completed 40-year recertification.
Where is this apartment building located?
The property is located at 846 Lenox Avenue Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 13 apartments in a building constructed in 1988; Covered parking and on‑site laundry facility; Impact windows throughout and central air‑conditioning units
(305) 342-7442 Call to check price and availability
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