765 Lenox Avenue, Miami Beach, FL 33139 (MLS# A12075021)

765 Lenox Avenue, Miami Beach, FL 33139

$4,800,000

Property Type: Commercial Sale Square Footage: 9,044 Status: Active

Current Price: $4,800,000 List Date: 8/20/2026 Last Modified: 9/03/2026

Overview

Description

Exceptional 12-Unit Investment Opportunity in the Heart of Miami Beach! Discover a rare opportunity to own an Art Deco, two-story, 12-unit condo building in one of Miami Beach’s most desirable locations. The property features 10 one-bedroom/one-bath units and 2 studio units, offering an attractive mix for investors seeking a strong income-producing asset. Each unit features wood flooring throughout, with tile flooring in the bathrooms. The property offers residential-only use and street parking, providing a low-maintenance investment opportunity in a highly sought-after neighborhood. Ideally situated within walking distance of the beach and just minutes from an array of shopping, dining, entertainment, and other Miami Beach attractions, this property offers excellent potential for both long-term income and future appreciation. Don’t miss this exceptional opportunity to acquire a well-located multifamily asset in the heart of Miami Beach.

Listing Details MLS# A12075021

General Property Information

Number Of Buildings: Yes
Property Sub Type: Multi Family
Occupant Type: Tenant
Building Area Main: 9044
Year Built: 1954
Lot Size Area: 7500
Lot Size Acres: 0.17
Stories Total: 2

Property Features

Building Features: Balconies; Exterior Lighting Ceiling: Drywall Electric: 110 Volts; 220 Volts Flooring: Ceramic Tile Heating: Window/Wall Location of Property: Beach Access; Corner Lot Parking Features: On Street Possession: Close Of Escrow; Negotiable Property Condition: Resale Sale Includes: Building; Inventory; Land; Leases Source Of Expenses: Books Construction Materials: CBS Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional Lot Features: Landscaped Rail Description: No Rail Service Road Frontage Type: City Street Traffic Type: Auto; Pedestrian; Heavy Roof: Concrete Security Features: Security Fence; None Sewer: Public Sewer Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 4800000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 765
Street Name: Lenox
Street Suffix: Avenue
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 5936
Area: 2420
Parcel Number: 0242030097630
Subdivision Number: 9
Multiple Offers Accepted: No
Zoning: 3900
Flood Zone: AE
Directions: FROM 395, GO EAST TO ALTON RD, MAKE A LEFT, GO UP TO 8TH ST. RIGHT ON THE CORNER OF 8TH ST & LENOX AVE; BROWN 2-STORY BUILDING ON THE NORTH SIDE.
Property Description: Apartments

Financial Information

Tax Legal Description: OCEAN BEACH ADD NO 3 PB 2-81 LOT 16 BLK 96 LOT SIZE 50.000 X 150 OR 19309-2780 0900 1 COC 22319-4433 05 2004 5

Status Change Information

Major Change Timestamp: 2026-08-20T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-26

More Information

Meter Information

Number Of Meters Total: 12

Income and Expenses

Occupancy Percentage: 100

Price Calculations

Current Price To SqFt: 530.73

Section Details

Parcel Number MLX: 7630

Originating Details

Originating System Key: 556629305
Originating System ID: M00000151

Listing Office: One Stop Realty

Last Updated: September - 03 - 2026

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