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Property Description

PRICED TO SELL! Development Opportunity in prime Miami Beach location! Add 6 units to existing 2-story multi family 4-unit apartment building! Plans approved by the City of Miami Beach HPB. 7,500 SF of Miami Beach land. Easy access from back alley/street for construction purposes. Plans are available upon request with POF. Walking distance to Beaches, shopping and Restaurants in prime Miami Beach location / S of 5ht Street area/ SOFI neighborhood. Building is Fully occupied but rent has never been increased for several years. Priced based upon Redevelopment Potential and not in-place income or price per SF of existing structure.

Overview

Property Status
Sold
MLS ID
A11399176
Property Type
Multi-Family
Year Built
1938

Features & Amenities

Total Area
2,926 Sq.Ft.
Neighborhood
Miami Beach
Architecture Styles
Other
Stories
2
Roof
Shingle
Lot Features
Less Than 1/4 Acre Lot
Heat Type
Window/Wall
Air Conditioning
Electric, Wall/Window Unit(s)
Sewer
Public Sewer
Sales Price
$1,950,000
Real Estate Tax
$19,323/yr
Zoning
3900

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635 Lenox Ave

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  • CallMarion Ott

    License #BK0617981

    (305) 915-4854
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