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Multi-Family: MLS #A11988379 Miami Beach, FL $ 3,150,000
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Multi-Family: MLS #A11988379
$ 3,150,000
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Multi-Family: MLS #A11988379

Miami Beach, FL, 33139
$ 3,150,000
Bedrooms1 Baths1.0 Sq 3,600

Monthly Estimate*

$ 19,395

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Multi-Family Home for sale in Miami Beach, FL

for $3,150,000 with 1 bedroom and 1 full bath. This 3,600 square foot home was built in 1935.

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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Multi-Family Active

Price

$ 3,150,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 25,015

Style

Year Built

1935

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11988379
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Ceiling Fan(s) Electric
Utilities Cable Not Available
Possession Closing & Funding
Roof Barrel
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1935
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Operating Expense 18420
Property Type Residential Income
Energy Efficient Appliances HVAC Thermostat Water Heater
Subdivision Name OCEAN BEACH ADDN NO 3
Rent Includes Gardener Sewer Trash Collection Water
Full Baths 1
Special Listing Conditions Corporate Listing Listed As-Is
Status Active
City Miami Beach
Disclosures Other
Zoning Description 3900
Number Of Units Total 1
MLS Area 42
Lot Size Units Square Feet
Listing Terms Cash Conventional Other
Year Built Details Effective Year Built
Tax Annual Amount 25015
Property Condition Updated/Remodeled
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11988379
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 170400
Property Sub Type Additional Quadruplex
Legal Description 3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 14 BLK 97 LOT SIZE 50.000 X 150
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Interior
Flooring Ceramic Tile Laminate
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Impact Glass
Half Baths 0
Total Bedrooms 1
Total Baths 0
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Exterior
Exterior Amenities Awning(s) Security/High Impact Doors
Lot Features Sprinklers Automatic < 1/4 Acre
Total Parking 0
Foundation Details Raised
Building Area Total 3600
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Lamarca & Co. Inc

Broker

lamarcaandco@gmail.com

Email

Affordability Calculator

$21,480
Per Month
90%
10%
0%
Monthly Principal & Interest
$19,395
Monthly Property Taxes
$2,085
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/24/2026 $3,150,000 Listed Price

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