705 Lenox Ave, Miami Beach, FL 33139

 
MLS #: A11822746
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Price: $2,475,000 MLS Number: A11822746  Commercial / Investment
 Address: 705 Lenox Ave, Miami Beach, Florida 33139 USA
 Year Built: 1936
 
 Lot Square Feet: 7,500
 
 Lot Dimensions: 7,500
 
 
 Remarks:
Offered at a 6.2% Proforma Cap, the property is currently 100% occupied. The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. The property includes two parking spaces, it features a community laundry and it has 4 units that are considered suites with no kitchens, just refrigerators. The unit mix includes 10 studios, 2 1BR/1BA and 1 2BR/2BA. It has over $140,000 in combined CapEx between the current and previous owner.
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