FOR SALE

Miami-dade, Ocean Beach Addn No 3, Miami Beach, FL

Asking

$3,150,000

BTC

40.797

ETH

1,355.05

Home Size
3,600 sq. ft.
Year Built
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.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
OCEAN BEACH ADDN NO 3

Agent

Antonieta Lamarca

+1 310 910 1722

Contact Email

[email protected]