3,600SqFt
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Details
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Status:
Active
Size: 3,600 SqFt (334 m2)
Price: $875/SqFt ($9,418/m2)
Type: Multi Family
Built: 1935
MLS Number: A11988379
On Site: 13 Days
Updated: 13 Days ago
Page Views: 0
Premier Investment Opportunity: Stabilized 6-unit Multifamily In South Beach. This Turnkey Asset At 645 Lenox Ave Features 6 Uniform 650 Sf Units With Functional, Identical Layouts. Property Is Being Sold In "as-is" Condition. It Offers A Lean Operational Structure With Separate Electric Meters For Each Unit, Allowing Tenants To Pay Their Own Electricity. Boasting A Gross Annual Income Of $170,400 Based On 2026 Actuals. High Investment Security: The Property Officially Received Its 10-year Building Recertification (miami-dade Ordinance 8-11(f)), Valid Until 2035. This Ensures Structural And Electrical Safety, Significantly Reducing The Risk Of Unexpected Special Assessments. Aaa Location: Steps From The 500 Alton Project, A New 3-acre Park, Baptist Health Center, And Publix. The Property Sits On A 7,500 Sf Lot With Rm-1 Zoning. All Units Come Fully Furnished With An Inventory List. Ideal For Investors Seeking Immediate Cash Flow And Long-term Appreciation In A Supply-constrained Market.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Awnings, SecurityHighImpactDoors
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, CeilingFans, Electric
      Building and Construction
      • Floor Description: CeramicTile,Laminate
      • Windows/Treatment: Blinds,ImpactGlass
      • Year Built: 1935
      • Year Built Description: Effective Year Built
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2026-03-24T11:48:55.000-00:00
        Taxes, Fees & More
        • Taxes: 25015
        Apples-to-Apples Comparables
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        Price History
        03/24/2026
        Date
        Listed
        Event
        $3.2M
        Price
        $875 ft2 / $9,418 m2
        Price Per
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Antonieta LamarcaLamarca & Co. Inc • Buyer Agency Compensation .
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