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$1,950,000
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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.
Full Property Details
Full Property Details for 635 Lenox Ave.
General
- Sold For: $1,950,000
- Taxes: $19,323 (2022)
- Status: Closed
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11399176
- Added to Site: 955 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection, Water
Interior
- Flooring: Other
Location
- Area: Ocean Beach Addn No 3
- County: Miami-Dade County
- Subdivision: OCEAN BEACH ADDN NO 3
- Building Name: OCEAN BEACH ADDN NO 3
- Driving Directions: 1 Block East of Alton, btwn 5th and 7th Lenox. Around the corner from the new Baptist Health.
Community
- Community Name: Ocean Beach Addn No 3
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Wall/Window Unit(s)
- Heating Type: Window/Wall
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Other
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 2926
- Square Feet: 2,926
- Living Area: 2,926 Sq. Ft.
- Year Built: 1938
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Unknown/Withheld
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $666.44
- Tax Amount: $19,323
- Tax Year: 2022
- Terms: All Cash
Disclosures and Reports
- Documents Avail.: Other Available Information
- 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
- Property ID: 02-42-03-009-7760
Listed and Sold by Douglas Elliman
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Schools
Schools serving 635 Lenox Ave.
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.7 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 635 Lenox Ave.
Date
Details
Price
Change
Source
6/06/2024
Sold
$1,950,000
-1.52%
MLS
2/16/2024
Price Reduced
$1,980,000
-23.55%
MLS
6/17/2023
Listed
$2,590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
635 Lenox Ave, Miami Beach, FL 33139 (MLS# A11399176) is a Multi-Family property that was sold at $1,950,000 on June 06, 2024. Want to learn more about 635 Lenox Ave? Do you have questions about finding other Multi-Family real estate for sale in Flamingo-Lummus? You can browse all Flamingo-Lummus real estate or contact a Coldwell Banker agent to request more information.

