10 months on rocket

635 Lenox Ave, Miami Beach, FL, 33139

$1,980,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,926 SqFt
$677/SqFt
Multi
Schools Nearby

Location

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635 Lenox Ave, Miami Beach$1,980,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1938
HeatingWall Furnace
CoolingElectric, Wall/Window Unit(s)
MLS #A11399176
StatusActive

About 635 Lenox Ave

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1938
  • Stories: 2
  • Living Area: 2,926 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6300
  • Listing Agent: Marion Ott

Interior Features

Interior Information:

  • Flooring Type: Other

Virtual/3D Tour

  • Virtual Tour: 635 Lenox Ave

Virtual Tour

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Electric, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • South Pointe Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 1 Block East of Alton, btwn 5th and 7th Lenox. Around the corner from the new Baptist Health.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,980,000
  • Price Per SqFt: $677/SqFt

Tax Information:

  • Annual Amount: $19,766
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

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Miami Beach, FL

City

Med. Sold Price

$569.7K

Med. Price/SqFt

$574

Avg. Days On Market

85

# of Sold Homes

136

635 Lenox Ave vs Miami Beach

323 DAYS ON ROCKET

+238 Days

$1,980,000

+$1.4M More

$677/SqFt

+$103 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $103/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11399176

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6300
  • Listing Agent: Marion Ott

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$19,766$1,726,000
2018$26,154$1,245,816
2017$25,193$1,651,000

History based on county public records data.

Payment Calculator

$9,950

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,003

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-950227
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.24 miles

  • Public District Grades PK-5

Middle School

school-card-donut-950228
5
/10

  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.74 miles

  • Public District Grades 6-8

High School

school-card-donut-950229
5
/10

  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.60 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,054. Most Miami Beach, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›635 Lenox Ave

This home is located at 635 Lenox Ave in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 2,926 square foot home was built in 1938. It has been listed on Rocket Homes since June 08, 2023 and is currently priced at $1,980,000.

Over 6 listings were sold over their listed price in March 2024 in Miami Beach, FL. In the same period over 118 listings were sold below the listed price and 12 listings were sold for the listed price. The number of homes for sale in Miami Beach, FL increased by 8.6% between February 2024 and March 2024. The median list price of listings available in March 2024 was $569,797, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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