655 Lenox Ave Miami Beach, FL 33139
8-unit apartment building, prime location, high ROI potential.
Property size:
7,248 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 364
Property Features for 655 Lenox Ave
General Information
- Property type
- Multifamily properties
- Square Feet
- 7,248 SF
- Lot Size
- 7,405 SF
Building Details
- Year Built
- 1957
- Buildings
- 2
- Stories
- 2
- Units
- 8
HighLights
- Recently renovated units with updated kitchens and bathrooms featuring high‑end finishes.
- Well‑maintained property with recent preventative maintenance including AC unit, window, and paint replacements.
- Excellent Lenox Avenue location, walking distance to Flamingo Park, Washington Avenue, Lincoln Road Mall, Collins Avenue, and Ocean Drive; near major retailers, public transportation, and I‑195, A1A, SR 907, and SR 934.
- Value‑add potential due to below‑market rents in a high‑demand, supply‑constrained market.
- Prime location near Downtown Miami, Miami International Airport, major universities, and numerous large employers including American Airlines, Precision Response, Costa Farms, Royal Caribbean, Office Depot, Wackenhut, and LoanDepot Park.
- Located in Miami, a major global center for finance, commerce, and international trade.
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1391294
- Latitude
- 25.7767091
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 8-unit apartment building, prime location, high ROI potential.
Where is this multifamily property located?
The property is located at 655 Lenox Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Recently renovated units with updated kitchens and bathrooms featuring high-end finishes.; Well-maintained property with recent preventative maintenance including AC unit, window, and paint replacements.; Excellent Lenox Avenue location, walking distance to Flamingo Park, Washington Avenue, Lincoln Road Mall, Collins Avenue, and Ocean Drive; near major retailers, public transportation, and I-195, A1A, SR 907, and SR 934.
