Multifamily in Miami Beach, FL 33139
Ocean Beach, 635 Lenox Ave

$2.6M24.7%
$1,950,000
2,926
SqFt
Status
Sold - Jun 06, 2024
Size
2,926 SqFt (272 m2)
Price
$666/SqFt ($7,174/m2)
Type
Multifamily
Built
1938
MLS Number
A11399176
On Site
1194 Days
Updated
18 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: Electric, WallWindowUnits
        Building and Construction
        • Floor Description: Other
        • Year Built: 1938
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-06-08T16:12:21.000-00:00
          Taxes, Fees & More
          • Taxes: 19323

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          Price History

          Current
          $2M
          High
          $2.6M
          Low
          $2M
          Total Change
          -24.7%
          $2.7M$2.3M$1.9MJun 23Feb 24Jun 24
          Date
          Event
          Price
          Change
          Price Per
          06/06/2024
          Sold
          $2M
          -1.52%
          $666 ft2
          $7,174 m2
          02/16/2024
          Price Reduced
          $2M
          -23.55%
          $677 ft2
          $7,284 m2
          06/06/2023
          Listed
          $2.6M
           
          $885 ft2
          $9,528 m2
          06/06/2024
          $2M
          Event
          Sold
          Change
          -1.52%
          Price Per
          $666 ft2
          $7,174 m2
          02/16/2024
          $2M
          Event
          Price Reduced
          Change
          -23.55%
          Price Per
          $677 ft2
          $7,284 m2
          06/06/2023
          $2.6M
          Event
          Listed
          Price Per
          $885 ft2
          $9,528 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Marion Ott • Douglas Elliman • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Walker's Paradise. Daily errands do not require a car
          95

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          53

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          77

          100
          Sound Score®
          Bearable noise
          78

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          28

          100
          Local Score
          Limited local amenities nearby
          2

          100
          Community Snapshot
          3 – 4 BR
          Bedrooms
          $2.2M – $4.4M
          Price Tier
          504 - 9,503
          SqFt Range
          1946
          Year Build
          3
          Total Floors

          Subdivision Amenities

          Laundry

          Miami Beach
          Mid-Tier
          Mid-Tier Homes & Condos