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$3,100,000
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Property Description
Villa Venezia is a gated 7,500 Sq.Ft boutique hospitality compound in the heart of South Beach, featuring three condominium units across two, 2-story residences, totaling 11 bedrooms and 9.5 baths. The front residence operates with a rare Bed & Breakfast short-term rental license, while the two rear units offer flexible use for extended stays, long-term tenants, or owner-occupancy. With over 5,200 SF of interior space and private tropical gardens, the property combines the feel of a luxury villa estate with the revenue profile of a boutique hotel. Current operations show strong demand, diversified bookings, and consistent year-round occupancy. The asset also presents clear value-add potential through operational optimization, elevated design packages, brand repositioning, and the unique ability to exit through three individually deeded condo units. A rare opportunity to acquire a licensed, income-producing compound with privacy, scale, and multiple paths to upside - all within walking distance of Lincoln Road, Collins Ave, Ocean Dr and the beaches.
Full Property Details
Full Property Details for 745-747 Lenox Ave
General
- Price: $3,100,000
- Taxes: $34,070 (2022)
- Status: Active
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A11928120
- Updated: 12/9/2025
- Added to Site: 41 day(s) ago
Rental Information
- Rent Includes: Other Rent Incl
Interior
- Flooring: Wood
Exterior
- Exterior Features: Balcony, Open Balcony, Other
- Deck/Patio: Open Balcony, Patio
Parking
- Total Spaces: 3
Location
- Area: Lenox Condo
- County: Miami-Dade County
- Subdivision: LENOX CONDO
- Building Name: LENOX CONDO
Community
- Community Name: Lenox Condo
- Association: Yes
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Concrete, Flat Roof With Facade Front
- Windows: High Impact Windows
- Stories/Levels: 2
- Building Size: 1760
- Square Feet: 1,760
- Living Area: 1,760 Sq. Ft.
- Year Built: 1952
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 3
Additional Structures
- Other Structures: Extra Building/Shed
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $1,761.36
- Assoc Fee Freq.: Monthly
- Tax Amount: $34,070
- Tax Year: 2022
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Documents Avail.: Appraisal, Financial Statement, Other Available Information, Rent Rolls
- Legal Description: LENOX CONDO UNIT 2 UNDIV 35.186% INT IN COMMON ELEMENTS OFF REC 26994-0952
- Property ID: 02-42-03-351-0020
Listed by Majestic Properties LLC
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Price & Sales History for 745-747 Lenox Ave
Date
Details
Price
Change
Source
12/09/2025
Listed
$3,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 745-747 Lenox Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
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 745-747 Lenox Ave
745-747 Lenox Ave, Miami Beach, FL 33139 (MLS# A11928120) is a Triplex property with 0 bedrooms and 0 full bathrooms. 745-747 Lenox Ave is currently listed for $3,100,000 and was received on December 09, 2025. Want to learn more about 745-747 Lenox Ave? Do you have questions about finding other Triplex 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.

