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$2,850,000
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Property Description
711 Lenox Avenue, operating as Bars Hotel, is a fully-licensed, turnkey 8-room boutique Bed & Breakfast in the heart of Miami Beach's Art Deco Historic District. Built in 1934 and comprehensively renovated in 2013, the Spanish Colonial Revival property has earned a 14-year track record of guest acclaim, including the #1 Bed & Breakfast in Miami Beach on TripAdvisor. The asset sits on a 7,500 SF lot inside one of the world's most photographed neighborhoods, an 11-minute walk to the Atlantic, and within blocks of Lincoln Road, Ocean Drive, Flamingo Park, and the Miami Beach Convention Center. A rare combination of historic significance, an active hotel license, and immediate income - supported by a Miami Beach hospitality submarket forecast to deliver 8.6% RevPAR growth in 2026.
Full Property Details
Full Property Details for 711 Lenox Ave.
General
- Price: $2,850,000
- Taxes: $24,953 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12030556
- Updated: 6/29/2026
- Added to Site: 52 day(s) ago
Rental Information
- Rent Includes: Cable TV, Electricity, Gardener, Pest Control, Trash Collection, Water
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Curr Owner Wind Mitig Cert Avail
Exterior
- Exterior Features: Barbecue
- Deck/Patio: Deck
Parking
- Total Spaces: 4
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: From Miami Int'l Airport or I-95: Take I-395 (MacArthur Causeway) East to Ocean Pass world's largest cruise ship port & USA's wealthiest zip on your right Left on Lenox Ave, B&B is 2 blocks on right.
Community
- Community Name: Ocean Beach Addn No 3
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Curved/S-Tile Roof
- Windows: Clear Impact Glass, Blinds
- Stories/Levels: 1
- Building Size: 2558
- Square Feet: 2,558
- Living Area: 2,558 Sq. Ft.
- Year Built: 1934
- Property Condition: Substantially Remodeled
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 1
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $1,114.15
- Tax Amount: $24,953
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- Documents Avail.: None
- Legal Description: OCEAN BEACH ADD NO 3 PB 2-81 LOT 10 BLK 96 LOT SIZE 50.000 X 150 OR 19488-4121 02 2001 1
- Property ID: 02-42-03-009-7570
Listed by Douglas Elliman
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Schools
Schools serving 711 Lenox Ave.
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
South Pointe Elementary School 1050 4th Street, Miami Beach, FL 33139 | PK-5 | 0.3 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.6 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 711 Lenox Ave.
Date
Details
Price
Change
Source
6/04/2026
Listed
$2,850,000
419.13%
MLS
4/18/2012
Sold
$549,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 711 Lenox Ave.
Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,994
-11%
$1,385,581
-11%
2024
$29,274
—
$1,557,867
1%
2023
$29,222
—
$1,546,426
—
2022
$29,119
—
$1,549,760
2%
2021
$29,067
—
$1,525,406
—
2021
$29,067
14%
$1,528,376
24%
2019
$25,578
24%
$1,234,769
26%
2018
$20,594
4%
$980,820
-25%
2017
$19,837
3%
$1,300,223
60%
2016
$19,331
32%
$810,596
10%
2015
$14,600
2%
$736,906
4%
2014
$14,368
—
$707,169
—
2013
$14,382
—
$707,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 711 Lenox Ave.
711 Lenox Ave, Miami Beach, FL 33139 (MLS# A12030556) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 711 Lenox Ave is currently listed for $2,850,000 and was received on June 04, 2026. Want to learn more about 711 Lenox Ave? Do you have questions about finding other Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

