This unique property presents a rare opportunity for investors seeking a turnkey operation in the lucrative hospitality industry at atleast an 8.5% CAP! The AirBNB licensed villa, accompanied by an attached duplex, offers a total of 11 bedrooms and 9.5 bathrooms, providing ample space for guests to enjoy a comfortable & luxurious stay. The meticulously maintained grounds, complete with a private garden & lush landscaping, create a serene oasis for relaxation and entertainment. Located on the prestigious Lenox Ave, in close proximity to South Beach's renowned beaches, exclusive shops, and world-class dining establishments, fully furnished and renovated this property is ready for immediate operation. Don't miss out on this exceptional investment opportunity in one of Miami's best locations.
Property Details
Property Features
Property Information:
Year Built: 1952
Stories: 2
Living Area: 5,212 SqFt
Listing Office:
Office Name: Luxe Properties
Office Phone: (305) 809-7650
Listing Agent: Carmen Mesa Moreno
Interior Features
Interior Information:
Flooring Type: Tile, Wood
Exterior Features
Exterior Information:
Exterior: Balcony, Fence, Fruit Trees, Security/High Impact Doors, Lighting, Patio
Lot Features
Lot Information:
Lot: Sprinklers
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Electric
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
Price Information
Listing Price Info
Price Summary:
List Price: $3,695,000
Price Per SqFt: $709/SqFt
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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
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school0.34 miles
Public District Grades PK-5
Middle School
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.64 miles
Public District Grades 6-8
High School
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.51 miles
Public District Grades 9-12
Assigned Schools
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school0.34 miles
Public District Grades PK-5
Nearby Schools
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school0.72 miles
Public District Grades PK-5
10
/10
Miami Children's Museum Charter School
980 Macarthur Cswy
Distance between this listing and this school2.36 miles
Public Charter Grades PK-5
Assigned Schools
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.64 miles
Public District Grades 6-8
Nearby Schools
3
/10
Aspira Eugenio Maria De Hostos Youth Leadership Charter School
1 NE 19th St
Distance between this listing and this school3.62 miles
Public Charter Grades 6-8
4
/10
Theodore R. and Thelma A. Gibson Charter School
1698 And 1682 Nw 4th Ave
Distance between this listing and this school4.00 miles
Public Charter Grades PK-8
Assigned Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.51 miles
Public District Grades 9-12
Nearby Schools
10
/10
Mast Academy
3979 Rickenbacker Cswy
Distance between this listing and this school3.17 miles
Public Magnet Grades 8-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd
Distance between this listing and this school3.26 miles
The neighbors living near this home have an average income of $17,054. The most common annual income of people living in Miami Beach, FL is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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This home is located at 745 Lenox Ave in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 5,212 square foot home was built in 1952. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $3,695,000.
In April 2024, from all listings sold in Miami Beach, FL there were more than 8 sold above asking price, over 140 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Miami Beach, FL increased by 5.8% between March 2024 and April 2024. Listings spent 89 days on the market in April 2024, and had a median list price of $590,290 during the same period.
From Rocket Homes Real Estate and based on county public records data.