Closed

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

1,980,000(-1.52% )
2,926SqFt

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Details

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Status:
Sold - Jun 06, 2024
Size: 2,926 SqFt (272 m2)
Price: $666/SqFt ($7,174/m2)
Type: Multi Family
Built: 1938
MLS Number: A11399176
On Site: 797 Days
Updated: 429 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

          Price History

          06/06/2024

          Date

          Sold

          Event

          $2M

          Price

          -1.52%

          Change Rate

          $666 ft2 / $7,174 m2

          Price Per

          02/16/2024

          Date

          Price Reduced

          Event

          $2M

          Price

          -23.55%

          Change Rate

          $677 ft2 / $7,284 m2

          Price Per

          06/06/2023

          Date

          Listed

          Event

          $2.6M

          Price

          $885 ft2 / $9,528 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Marion OttDouglas Elliman • Buyer Agency Compensation .

          Instant Comps

          $200/ft²
          $300/ft²
          $600/ft²
          $800/ft²

          Unit 635 Lenox Ave – Asking

          $666/ft²

          (+93%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $346/ft²
          Community $/Price Range (Closed) $314/ft² – $377/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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