Miami Beach, FL 33139,745-747 Lenox Ave
Miami Beach, FL 33139,745-747 Lenox Ave
Miami Beach, FL 33139,745-747 Lenox Ave
Miami Beach, FL 33139,745-747 Lenox Ave
Miami Beach, FL 33139,745-747 Lenox Ave
Miami Beach, FL 33139,745-747 Lenox Ave
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$ 3,100,000
Est. payment | /mo

1,760 SqFt


$ 3,100,000
Est. payment | /mo

1,760 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,760 sqft

Price per Sqft $1,761

Subdivision Lenox Condo

MLS Listing ID A11928120

HOA Y/N Yes

Year Built 1952

Annual Tax Amount $34,070

Tax Year 2022

Property Sub-Type Triplex

Property Description

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

State FL

County Miami-dade

Community Lenox Condo

Area 42

Interior

Heating Electric

Cooling Central Air

Flooring Hardwood, Wood

Window Features Impact Glass

Exterior

Exterior Feature Balcony, Other, Patio, Shed

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Roof Type Concrete,Flat

Porch Balcony, Open, Patio

Total Parking Spaces 3

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block

Others

Tax ID 02-42-03-351-0020

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11928120

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Majestic Properties LLC

Learn More About LPT Realty

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745-747 Lenox Ave