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745-747 Lenox Ave, Miami Beach FL 33139

Residential Income

745-747 Lenox Ave

Miami Beach, FL 33139

ML#:A11928120
List Price:$3,100,000
Status:Closed
Days on Market:91
Listing Brkr:Majestic Properties LLC
Subdivision:LENOX CONDO
Bedrooms:0
Baths:0
SqFt (Liv):1,760
Lot Size:0 sqft
Year Built:1952
Stories:2

General Information

Type Property:Residential Income
Style:Triplex
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33139
Subdivision:LENOX CONDO
Latitude:25.777803
Longitude:-80.139145

Additional Features

Exterior:Balcony, Open Balcony, Other
Flooring:Wood
Heating:Electric
Cooling:Central Air
Construction:Concrete Block Construction
Waterfront:No

Financial Information

Annual Taxes (2022):$34,070
Days on Market:91

Remarks

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.

Listing Agent

Silvana Carvalho

Majestic Properties LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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