660-650 Lenox Ave Miami Beach, FL 33139
This exceptional multifamily investment opportunity presents a well-maintained apartment building located at 660-650 Lenox Avenue in the desirable Miami Beach, Florida, 33139 zip code. Built in 1955, this property offers a compelling return on investment with an asking price of $2,200,000. The property is classified as a duplex/triplex/quadruplex, providing a strong foundation for rental income generation. Its convenient location in Miami Beach within Miami-Dade County offers easy access to local amenities, attractions, and transportation networks. The property's precise configuration (number of units) is not specified, but its classification as a multifamily building indicates multiple residential units. This presents a unique opportunity for investors seeking a stable and potentially high-yielding asset in a prime South Florida location. The property's age suggests potential for value appreciation through renovations or upgrades, further enhancing its long-term investment prospects. Serious inquiries are encouraged to explore this lucrative investment opportunity in detail. Further due diligence is recommended to fully assess the property's financial performance and potential. The property is situated at latitude 25.7768328 and longitude -80.1398482.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.