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745-747 Lenox Ave, Miami Beach FL 33139

Multi-family For Sale
$3,100,000

BTC: 103.33333333

ETH: 1,550.00000000

New
0 room(s)
1,760 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Villa Venezia is a gated 7,500 Sq.Ft boutique hospitality compound in the heart of South Beach, featuring three condominium units across two, 2-story residences, totaling 11 bedrooms and 9.5 baths. The front residence operates with a rare Bed & Breakfast short-term rental license, while the two rear units offer flexible use for extended stays, long-term tenants, or owner-occupancy. With over 5,200 SF of interior space and private tropical gardens, the property combines the feel of a luxury villa estate with the revenue profile of a boutique hotel. Current operations show strong demand, diversified bookings, and consistent year-round occupancy. The asset also presents clear value-add potential through operational optimization, elevated design packages, brand repositioning, and the unique ability to exit through three individually deeded condo units. A rare opportunity to acquire a licensed, income-producing compound with privacy, scale, and multiple paths to upside — all within walking distance of Lincoln Road, Collins Ave, Ocean Dr and the beaches.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1952
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,761
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Wood

    Heating

    • Electric

    Cooling

    • Central Air

  • Property

    • Exterior Features: Balcony / Open Balcony / Other

    Other Property Information

    • Parcel Number: 02-42-03-351-0020

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $34,070

  • Source details

    • MLS ID: A11928120

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Balcony / Patio

    • Window Features: High Impact Windows

    • Other Structures: Extra Building/Shed

    • Architectural Style: Detached

    • Living Area: 1760

    • Subdivision Name: LENOX CONDO

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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 ©2025-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: Majestic Properties LLC