LENOX CONDO is a unique, income-producing opportunity in the heart of South Beach. This detached, triplex residential income property (subdivision: LENOX CONDO) sits on a rare compound that blends the feel of a luxury villa with the cash flow of a boutique hotel. Built in 1952 and offering approximately 1,760 sq ft of living area per unit layout options, the property includes three individually deeded condo units and totals 11 bedrooms and 9.5 baths across two, two-story residences. The front residence holds a rare Bed & Breakfast short-term rental license, while the two rear units allow flexible use for extended stays, long-term tenants, or owner-occupancy.
The grounds feel private and tropical, with over 5,200 sq ft of interior villa-style space and private gardens that create a quiet retreat in the middle of a lively neighborhood. Current operations show strong, year-round demand with diversified bookings and consistent occupancy — and clear value-add potential through operational optimization, refreshed design packages, and brand repositioning. The structure is classic mid-century Miami, with exterior features that include balconies and open balcony areas, plus other outdoor elements that enhance guest experience.
Practical details you should know: the building offers central air conditioning and electric heating, a laundry facility on site, and the architectural style is detached. It’s located in Miami-Dade County and association fees are billed monthly. The property’s flexible exit strategy — selling as three separate condo units — adds liquidity and options for investors or owner-operators.
Living here also means enjoying what makes Miami special: warm, sunny weather nearly year-round, easy access to miles of beaches and ocean breezes, and a world-class dining and entertainment scene. You’re within walking distance of Lincoln Road, Collins Avenue, Ocean Drive and all the cultural energy of South Beach — from galleries and nightlife to strong infrastructure and convenient transportation links that connect you to the rest of Miami.
Located at 745-747 Lenox Ave, Miami Beach FL 33139, this is a rare chance to own a licensed, income-producing compound with privacy, scale, and multiple paths to upside. If you’d like more details or to schedule a showing, please contact me at +1 786.468.4380.
745-747 Lenox Ave Miami Beach, FL 33139 triplex house for sale with MLS A11928120 located in LENOX CONDO. If you want to buy Triplex - 745-747 Lenox Ave Miami Beach, FL 33139, call today!
