OCEAN BEACH ADDN NO 3

711 Lenox Ave, Miami Beach FL 33139

2,558 ft²

For Sale · Active Listing

$2,850,000

Est. Payment $15,169/mo

MLS Sheet Video

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.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

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).

6/4/2026Listed 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

711 Lenox Ave, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$17,694/mo

Principal & Interest

$15,169

Property Tax

$2,375

Insurance

$150

HOA

$0

20% ($570,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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