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$3,150,000
New Listing

Miami Beach, FL 33139

For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,600
SqFt
$875
/SqFt
1935
Built
County:
Miami-Dade
Call Now: 305-390-2737
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305-390-2737
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Monthly Payment (Est.)

$14,372
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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.

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Listing Snapshot
Price 
$3,150,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,600 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1935
MLS® Number 
A11988528
Status 
Active
Property Tax 
$25,015
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing first seen on site
8 hours agoListing updated with changes from the MLS®
General Features
Disclosures 
Other
Parking 
On Street
Property Sub Type 
Multi Family
Security 
Security GateOtherSmoke Detector(s)Security Fence
SqFt Total 
3600
Zoning 
3900
Interior Features
Flooring 
Ceramic TileLaminate
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Exterior Features
Construction Details 
Block
Roof 
Barrel
Community Features
Financing Terms Available 
CashConventional
MLS Area 
42
Listing courtesy of Lamarca & Co. Inc

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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