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814 Lenox Ave, Miami Beach FL 33139

Commercial Recently Sold
$2,350,000

BTC: 36.71875000

ETH: 1,345.93356243

Sold on: 2022-04-28
8 days
0 room(s)

Overview

Lenox Manor. Pro Forma: NOI $120k, Cap Rate 5.47%. RM-1 Zoning. Make a solid investment with this South Beach multifamily opportunity. An 8-Unit Mediterranean Villa architecture with manicured courtyard, extensive capital improvements completed, 40-Year recertification, updated windows & doors, and fully leased. Rare find, get into the South Beach market! 1-Bed/1Bath units +/- 500 SF each. Walk up entrances, secure gated entry, and off-street /onsite parking for residents. Washer and Dryers in units, several newer central A/C systems already in place. Showings Available: Wednesday, March 9th @ 2-3 pm & Thursday, March 10th @ 2-3 pm DO NOT WALK THE PROPERTY. DO. NOT DISTURB THE TENANTS. Managed by reLEASE Miami

Location

Florida • Miami Beach • 33139 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
Common / Free Parking
Year Built:
1935
Lot:
10667 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Individual A/C / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,690,000
$1.9M – $8.9M
Confidence Low
List vs. estimate
$490K below estimate
List $2,200,000 · -18.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $440K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$27,691
2021
Parking
7 spaces
All facts and features

  • Flooring

    • Tile

    Cooling

    • Central Individual A/C

    • Wall/Window Unit(s)

  • Parking

    • Common

    • Free Parking

    Lot

    • Lot: 10667 Square Feet

    Other Property Information

    • Parcel Number: 02-42-03-014-0350

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $27,691

  • Source details

    • MLS ID: A11167965

    Other facts

    • Construction Materials: Concrete Block Construction

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
1,079
median $588K
Active
Same city
Miami Beach
2,606
median $650K
Active
Same type
Commercial
153
median $1.9M
Active
Similar price
$1.5M – $2.9M
268
median $2.1M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC.