- MLS® #: A11707810
- 1622 Bay Rd
- Miami Beach, FL 33139-2135
- $2,895,000
- 4,042 SqFt
- Income
- MLS® #: A11988379
- N/a
- Miami Beach, FL 33139-5966
- $3,150,000
- 3,600 SqFt
- Income
Premier Investment Opportunity: Stabilized 6-Unit Multifamily in South Beach. This turnkey asset at 645 Lenox Ave features 6 uniform 650 SF units with functional, identical layouts. Property is being sold in "As-Is" condition. It offers a lean operational structure with separate electric meters for each unit, allowing tenants to pay their own electricity. Boasting a Gross Annual Income of $170,400 based on 2026 actuals. High Investment Security: The property officially received its 10-Year Building Recertification (Miami-Dade Ordinance 8-11(f)), valid until 2035. This ensures structural and electrical safety, significantly reducing the risk of unexpected special assessments. AAA Location: Steps from the 500 Alton Project, a new 3-acre park, Baptist Health Center, and Publix. The property sits on a 7,500 SF lot with RM-1 Zoning. All units come fully furnished with an inventory list. Ideal for investors seeking immediate cash flow and long-term appreciation in a supply-constrained market.
View Virtual TourEssential Information
- MLS® #A11988379
- Price$3,150,000
- CAD Dollar$4,360,703
- UK Pound£2,341,137
- Euro€2,685,309
- Bathrooms0.00
- Square Footage3,600
- Year Built1935
- TypeIncome
- Sub-TypeQuadruplex
- StyleFourplex
- StatusActive
Community Information
- AddressN/a
- Area42
- SubdivisionOCEAN BEACH ADDN NO 3
- CityMiami Beach
- CountyMiami-Dade
- StateFL
- Zip Code33139-5966
Amenities
- UtilitiesCable Not Available
Interior
- InteriorCeramic Tile, Laminate
- HeatingCentral
- # of Stories1
- StoriesOne
Cooling
Central Air, Ceiling Fan(s), Electric
Exterior
- WindowsBlinds, Impact Glass
- RoofBarrel
- ConstructionBlock
- FoundationRaised
Exterior Features
Awning(s), Security/High Impact Doors
- Office: Lamarca & Co. Inc
N/a on www.jupiteroceanfronthomes.us
Offered at the current list price of $3,150,000, this home for sale at N/a features bedrooms and 0 bathrooms. This real estate listing is located in OCEAN BEACH ADDN NO 3 of Miami Beach, FL 33139-5966 and is approximately 3,600 square feet. N/a is listed under the MLS ID of A11988379 and has been on the Miami Beach real estate market for 16 days.Facts About Miami Beach, FL
Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of April 10th, 2026 at 10:15pm CDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 MLS of RAMB.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing