Miami Beach FL 33139 MLS #A11988528
Miami Beach, FL, 33139
$3,150,000
Beds
0 Baths
0 SqFt
0 Acres
$3,150,000
Miami Beach, FL, 33139
MLS #A11988528 image #0MLS #A11988528 image #1MLS #A11988528 image #2MLS #A11988528 image #3MLS #A11988528 image #4MLS #A11988528 image #5MLS #A11988528 image #6MLS #A11988528 image #7MLS #A11988528 image #8MLS #A11988528 image #9MLS #A11988528 image #10MLS #A11988528 image #11MLS #A11988528 image #12MLS #A11988528 image #13MLS #A11988528 image #14MLS #A11988528 image #15MLS #A11988528 image #16MLS #A11988528 image #17
Premier Investment Opportunity: Stabilized 6-Unit Multifamily in South Beach. This turnkey asset at 645 Lenox Ave features 6 uniform 650 SF units with functional, identical layouts. Property is being sold in “As-Is” condition. It offers a lean operational structure with separate electric meters for each unit, allowing tenants to pay their own electricity. Boasting a Gross Annual Income of $170,400 based on 2026 actuals. High Investment Security: The property officially received its 10-Year Building Recertification (Miami-Dade Ordinance 8-11(f)), valid until 2035. This ensures structural and electrical safety, significantly reducing the risk of unexpected special assessments. AAA Location: Steps from the 500 Alton Project, a new 3-acre park, Baptist Health Center, and Publix. The property sits on a 7,500 SF lot with RM-1 Zoning. All units come fully furnished with an inventory list. Ideal for investors seeking immediate cash flow and long-term appreciation in a supply-constrained market.

Property Details

Price:
$3,150,000
MLS #:
A11988528
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Mar 24, 2026
Total Sq Ft:
3,600
Year Built:
1935
Residential-multi-family

Schools

Interior

Flooring
Ceramic Floor

Exterior

Construction Materials
Concrete Block Construction
Open Parking YN
1
Parking Features
On Street
Roof
Barrel Roof
Security Features
Other Fire Protection, Smoke Detector(s), Security Fence, Motion Detector, Security Gate

Financial

Maintenance Fee
$2,400
Net Operating Income
$151,979
Tax Year
2025
Taxes
$25,015
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Mortgage Calculator

 

Map

Current real estate data for Commercial in Miami Beach as of Apr 21, 2026
128
Commercial Listed
193
Avg DOM
$3,439,797
Avg List Price

Community

Subdivisions in Miami Beach

Similar Listings Nearby

broker reciprocity
MLS# A11973033broker reciprocity
1240 14th St
Miami Beach, FL

$3,990,000

0.6 miles away

broker reciprocity
MLS# A11899562broker reciprocity
1485 Bay Rd
Miami Beach, FL

$3,499,000

0.8 miles away

broker reciprocity
MLS# A11956440broker reciprocity
901 Pennsylvania Ave
Miami Beach, FL

$3,499,000

0.4 miles away

broker reciprocity
MLS# A11888408broker reciprocity
1329 Pennsylvania Ave
Miami Beach, FL

$3,200,000

0.7 miles away

broker reciprocity
MLS# A11896191broker reciprocity
845 Michigan Ave
Miami Beach, FL

$2,999,999

0.2 miles away

broker reciprocity
MLS# A11836099broker reciprocity
1451 Ocean Dr # 104
Miami Beach, FL

$2,800,000

1.0 miles away

broker reciprocity
MLS# A11917129broker reciprocity
1018 Jefferson Ave
Miami Beach, FL

$2,550,000

0.3 miles away

broker reciprocity
MLS# A11980318broker reciprocity
927 4th St
Miami Beach, FL

$2,500,000

0.2 miles away

broker reciprocity
MLS# A11947334broker reciprocity
1610 Bay Rd
Miami Beach, FL

$2,400,000

0.9 miles away

Property Summary

    Miami Beach FL is a Commercial for sale in Miami Beach, FL, 33139. It is listed for $3,150,000
Miami Beach, FL