Address
635 Lenox Ave, Miami Beach, FL
Price
$ 1,980,000
Property Attributes
  • MLS#A11399176
  • TypeIncome
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area42
  • NeighborhoodOCEAN BEACH ADDN NO 3
  • Zip33139
  • StyleFourplex
  • Year Built1938
  • Taxes$ 19323
  • Price$ 1,980,000
  • Bedrooms10
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage2926
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

PRICED TO SELL! Development Opportunity in prime Miami Beach location! Add 6 units to existing 2-story multi family 4-unit apartment building! Plans approved by the City of Miami Beach HPB. 7,500 SF of Miami Beach land. Easy access from back alley/street for construction purposes. Plans are available upon request with POF. Walking distance to Beaches, shopping and Restaurants in prime Miami Beach location / S of 5ht Street area/ SOFI neighborhood. Building is Fully occupied but rent has never been increased for several years. Priced based upon Redevelopment Potential and not in-place income or price per SF of existing structure.

Price History
2/16/2024 Listed $2,590,000
2/16/2024 24% - $1,980,000

General Features

Sewer PublicSewer
Heating WallFurnace
Cooling Electric,WallWindowUnits
Utilities CableAvailable
Possession ClosingFunding
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1938
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2022
County Miami-Dade County
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name OCEAN BEACH ADDN NO 3
Garage Y/N No
Rent Includes Sewer,TrashCollection,Water
Special Listing Conditions ListedAsIs
Status Active
Directions 1 Block East of Alton,btwn 5th and 7th Lenox. Around the corner from the new Baptist Health.
City Miami Beach
Buyer Agent Compensation 3%
View Y/N No
Senior Community Y/N No
Zoning Description 3900
MLS Area 42
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Lenox Ave
Listing Terms Cash
Property Attached Y/N No
Year Built Details Resale
Land Lease Y/N No
Tax Annual Amount 19323.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11399176
Days on Market 174
Standard Status Active
Occupancy Description CallAgent
Property Sub Type Additional Quadruplex
Expected Active Date 2023-06-16
MobileHomeRemainsYN No
PostalCity Miami Beach
Legal Description OCEAN BEACH ADD NO 3 PB 2-81 LOT 13 BLK 97 LOT SIZE 50.000 X 150 OR 13643-1441 0488 4 COC 24121-0505 10 2005 5

Interior Features

Flooring Other
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item14Acre
Total Parking 0.0
Spa No
Building Area Total 2926.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33139

Price
AVG $4.3M
$1.98M
Taxes
AVG $35,417
$19,323
Visits
AVG 210
163
Data Provided by Inside Real Estate®
Year Built
AVG 1942
1938

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