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Address Withheld By Seller, 
Miami Beach, FL 33139

$3,150,000

—

Bed

—

Bath

3,600

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Antonieta Lamarca

Lamarca & Co. Inc

305-781-7034

Last updated:

May 8, 2026, 10:01 AM

MLS#

A11988379

Source:

SEFMLS

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About This Home

Address Withheld By Seller

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.

Home Facts

Multi-Family

Built in 1935

Price Summary

3,150,000

$875 per Sq. Ft.

MLS #:

A11988379

Last Updated:

May 8, 2026, 10:01 AM

Rooms & Interior

Interior

Living Area:

3,600 Sq. Ft.

Structure

Structure

Architectural Style:

Fourplex

Building Area:

3,600 Sq. Ft.

Year Built:

1935

Finances & Disclosures

Finances

Price:

$3,150,000

Price per Sq. Ft:

$875 per Sq. Ft.

Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.