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- LoopNet Team
635 Lenox Ave
Miami Beach, FL 33139
Multi-Family Redevelopment up to 10 -12 units · Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 2,926 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1938 |
| Zoning | 3900 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,926 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1938 |
| Zoning | 3900 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Garden
SITE AMENITIES
- Fenced Lot
ABOUT 635 LENOX AVE , MIAMI BEACH, FL 33139
Zoned: RM-1 Residential Multi-family, low intensity Flamingo Park Historic District Use: The main permitted uses in the RM-1 residential multifamily, low density district are single-family detached dwelling; townhomes; apartments; apartment hotels, hotels; and bed and breakfast inn. Lot size: 7,500 SF (50 ft x 150 ft) Existing Building: 2-story / 2,565 SF (1280 sf Ground floor / 1280 Second floor) Existing Units: 4 Living Units (4 bed/4 bath) + rights to build up to 8 additional units. Year built: 1938 Max FAR: 1.25 Floor area ratio means the floor area of the building or buildings on any lot divided by the area of the lot. Allowable Floor Area: 1.25 x 7500 SF = 9,375 SF New construction area: 9,375 SF allowable – 2,565 SF existing = 6,810 SF new construction
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,600 | 577 - 640 |
PROPERTY TAXES
| Parcel Number | 02-4203-009-7760 | Improvements Assessment | $176,432 |
| Land Assessment | $750,000 | Total Assessment | $926,432 |
PROPERTY TAXES
