745-747 Lenox Ave, Miami Beach, FL 33139

$2,950,000
1,760
SqFt

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Sold Price
$2,950,000
List Price
$3,100,000
Closing Date
Mar 20, 2026
MLS#
A11928120
Sq. Ft
1,760
Subtype
Triplex
County
Miami-Dade
Community
Lenox Condo
Subdivision
Lenox Condo
Year Built
1952

Property Description

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.

Additional Information

Status Label
CLOSED
Total Unitsin Complex
3
Construction
Concrete Block Construction
Cooling
Central Air
Flooring
Wood
Heating
Electric
Lot Description
Less Than 1/4 Acre Lot
Roof
Concrete, Flat Roof With Facade Front
Taxes
$34,070
Total Floors
2
Stories
2
Roofing
Concrete, Flat Roof With Facade Front
Price Per Sqft
$1,676

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Listing Courtesy Of Majestic Properties LLC, Contact:

Selling Office: LoKation.