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760 Lenox Ave 760 Lenox Ave 6 Unit Apartment Building $2,050,000 ($341,667/Unit) Miami Beach, FL 33139
INVESTMENT HIGHLIGHTS
- Oversized all two bedroom units
- Available as a standalone property or as a larger SOBE portfolio
- Excellent SOBE location
EXECUTIVE SUMMARY
• All Units are 2BR
• There are two fully renovated units
• 760 Lenox features the lowest price per square foot across the portfolio
• Building exterior and hallway interiors painted in 08/2024 ($29k)
• Current owner has spent over $40,000 for CapEx
• There are two fully renovated units
• 760 Lenox features the lowest price per square foot across the portfolio
• Building exterior and hallway interiors painted in 08/2024 ($29k)
• Current owner has spent over $40,000 for CapEx
PROPERTY FACTS
| Price | $2,050,000 | Building Class | C |
| Price Per Unit | $341,667 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 6,970 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Low-Rise | Parking Ratio | 1.72/1,000 SF |
| Zoning | RM-1 - Residential | ||
| Price | $2,050,000 |
| Price Per Unit | $341,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,970 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.72/1,000 SF |
| Zoning | RM-1 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Ceiling Fans
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $2,475 | - |
| 2+2 | 4 | $3,000 | - |
1 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 02-4203-009-8550 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,493,382 |
PROPERTY TAXES
Parcel Number
02-4203-009-8550
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,493,382
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760 Lenox Ave | 760 Lenox Ave
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