OCEAN BEACH ADDN NO 3
711 Lenox Ave, Miami Beach FL 33139
2,558 ft²
$2,850,000
Est. Payment $15,169/mo
2,558
Sq. Ft.
1934
Year Built
1
Stories
25
Days on Market
Description
711 Lenox Avenue, operating as Bars Hotel, is a fully-licensed, turnkey 8-room boutique Bed & Breakfast in the heart of Miami Beach's Art Deco Historic District. Built in 1934 and comprehensively renovated in 2013, the Spanish Colonial Revival property has earned a 14-year track record of guest acclaim, including the #1 Bed & Breakfast in Miami Beach on TripAdvisor. The asset sits on a 7,500 SF lot inside one of the world's most photographed neighborhoods, an 11-minute walk to the Atlantic, and within blocks of Lincoln Road, Ocean Drive, Flamingo Park, and the Miami Beach Convention Center. A rare combination of historic significance, an active hotel license, and immediate income — supported by a Miami Beach hospitality submarket forecast to deliver 8.6% RevPAR growth in 2026.
Facts
- MLS#
- A12030556
- Subdivision
- OCEAN BEACH ADDN NO 3
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1934
- Lot Size
- 0 sqft
- Sq. Ft.
- 2,558 ft²
- Sq. Mt.
- 238 m²
- Price per sq. ft.
- $1,114/ft²
- Price per sq. mt.
- $11,975/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 25 days
- Listed
- Jun 4, 2026
- Last Updated
- Jun 29, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
37
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 6/4/2026 | Listed for sale | $2,850,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Little Angels Christian SchoolPK,KG,1,2,3,4,5 · private · 0.2 mi
North Hialeah Christian SchoolPK,KG,1,2,3,4,5,6 · private · 0.4 mi
Children's Paradise Learning CenterPK,TK,KG,1,2,3 · private · 0.4 mi
Twin Lakes Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.4 mi
Happy Hearts Learning CenterPK,KG,1,2 · private · 0.5 mi
Asbury Christian SchoolPK,KG,1,2,3,4,5,6,7,8,9,10 · private · 0.6 mi
Palm Springs Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.6 mi
Horeb Christian SchoolPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
Horeb Christian SchoolPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
Primary Learning AcademyPK,KG,1,2,3 · private · 0.8 mi
Estimated Monthly Payment
$17,694/mo
Principal & Interest
$15,169
Property Tax
$2,375
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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