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Property profile & analytics
OFF-MARKET
Apartment buildings

660-650 Lenox Ave Miami Beach, FL 33139

Built 1955
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1955
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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