660 Lenox Ave Miami Beach, FL 33139
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 660 Lenox Ave
- Year built
- 1955
- Property type
- Small apartment buildings
Description
This exceptional four-unit apartment building, located at 660 Lenox Ave in Miami Beach, Florida (zip code 33139), presents a compelling investment opportunity. Built in 1955 and boasting two stories, this property offers a solid foundation for immediate income generation. The asking price is $2,200,000. Each of the four units has been completely remodeled, ensuring high occupancy rates and minimizing maintenance needs. The building is equipped with impact windows, providing both security and energy efficiency, further reducing operational costs for the owner. Situated in the heart of South Beach, this property benefits from a prime location with high demand for rental units. The property's strong rental history and low maintenance requirements make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in a desirable Miami Beach location. The property's address is easily accessible via major roadways and is within close proximity to South Beach's vibrant attractions, restaurants, and nightlife. This is a turnkey opportunity to acquire a well-maintained, income-producing multifamily property in a highly sought-after area of Miami Beach. The property's solid construction and recent renovations ensure long-term value and potential for appreciation.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1398272
- Latitude
- 25.7768481
