Cays Realty
1324 Lenox Avenue, Miami Beach, FL 33139 — MLS photo

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1324 Lenox Avenue, Miami Beach, FL 33139

Active · SingleFamilyResidence

$1,600,000

1324 Lenox Avenue, Miami Beach, FL 33139

Beds
3
Baths
2
Living area
1,804 sq ft
$ / sq ft
$887/sq ft
Year built
1936
Lot size
—
HOA fee
—
Annual tax
$2,861

About this property

Don't miss your opportunity to own this historic flamingo park residence situated on a .17-acre lot (7,500sq ft), this property is located in one of the most sought-after locations. The potential here is undeniable. Located just minutes from world-renowned beaches, vibrant dining, shopping, and nightlife, this property offers exceptional upside in a high-demand area.

Property location

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1324 Lenox Avenue, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,804 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Sitting Area In Primary

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1936
Stories
1
Roof
Composition
Construction
Frame, Stucco
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Pets allowed
No
Annual tax
$2,861
Subdivision
OCEAN BEACH ADDN NO 3
County
Miami-Dade
Days on market
141
MLS listing ID
B26023361
Listing status
Active

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Investment intelligence

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,874

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-5.0%
Gross yield
5.7%
Mortgage payment
$7,585/mo
Down payment
$400,000
Loan amount
$1,200,000
Annual NOI
$68,527

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.