Offered at a 5.8% Proforma Cap, the property is currently 100% occupied. The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 2BR. It has over $40,000 in combined CapEx between the current and previous owner. Building exterior was painted in 2024 ($29k).

This listing is courtesy of Periklis Synanidis at CBRE, Inc. em:perry.synanidis@cbre.com ph:352-278-7572.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0242030098550 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 02-2030-009-8550 (0242030098550)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 762 Lenox Ave
City: Miami Beach
State: Florida
Zip Code: 33139-5984 (Listings)
County: Miami-Dade (Listings)
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Building Size - English*
Living Square Feet: 8,164
Actual Square Feet: 8,164
Adjusted Square Feet: 7,007
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Lot Size - English*
Lot Size (sf): 7,500
Lot Size (acres): 0.17
  -
Building Size - Metric*
Living Square Meters: 758.46
Actual Square Meters: 758.46
Adjusted Sq M: 650.97
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Lot Size - Metric*
Lot Size (sq m): 697
Lot Size (ha): 0.07
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Zoning & Land Use*
Land Use: 0803 - Multifamily 2-9 Units : Multifamily 3 Or More Units
Zoning: 3900 - Multi-family - 38-62 U/a
Municipal Zoning: RM-1 (Miami Beach)
All Listed | All Properties
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Prior Sale*
Type: Transfer where the sale price is verified to be part of a package or bulk sale.
Qual: U
Date: 04/09/2021
Amount: $1,320,000
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Prior Sale #2* (Second to Last)
Type: Transfer where the sale price is verified to be part of a package or bulk sale.
Qual: U
Date: 04/30/2014
Amount: $1,251,000
  -
Prior Sale #3* (3rd to Last)
Type: Transfer where the sale price is verified to be part of a package or bulk sale.
Qual: U
Date: 12/03/2008
Amount: $10
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Taxable Values*
Tax Year: 2024
Land: $1,725,000
Building: $419,794
Total: $2,144,794
Assessed: $1,357,620
County Taxable: $1,357,620
City Taxable: $1,357,620
Mill Code: 0200
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Ownership*
Owner 1: Urban Beach Xxii Llc
Owner 2: C/o Sentinel Real Estate Corp
Mailing Address: 1251 Avenue Of Americas 35th Flr
Mailing City: New York
Mailing State: Ny
Mailing Zip: 10020
Mailing Country: USA
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Building Information*
Stories: 2
Units: 6
Year Built: 1950
Effective Year Built: 1950
Extra Features 1: Chain-link Fence 4-5 Ft High
  -
Legal Description*
Legal Description Concatenated: 3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 1 BLK 106 LOT SIZE 50.000 X 150 COC 24497-4856 03 2006 5

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.