Turnkey 6-Unit Multifamily Asset in South Beach, Miami
AAA SOUTH BEACH MULTIFAMILY INVESTMENT OPPORTUNITY
Predictable Cash Flow | 10-Year Recertified | Supply-Constrained Market
Institutional-Grade Capital Protection & High-Demand Submarket
Situated in the heart of South Beach, 645 Lenox Avenue offers real estate investors a rare, risk-mitigated cash flowing asset in one of the most supply constrained submarkets in North America.
EXECUTIVE SUMMARY & CORE ASSET BENEFITS
10-Year Building Recertification Complete (Valid thru 2035):
Officially recertified on July 24, 2025 under Miami-Dade County Ordinance Section 8-11(f) (Activity #: EBR2500906). Shields the buyer from unexpected capital expenditure assessments or structural mandates.
AAA Prime Location:
Steps from high-profile master developments including the 500 Alton Project, a new 3-acre public park, Baptist Health Center, Publix, South Pointe Park, and immediate access to Downtown Miami via the MacArthur Causeway.
Low Landlord Overhead (Separate Electric Sub-Meters):
All 6 units feature individual electric meters, transferring utility friction and electricity costs directly to tenants.
Tenancy & Cash-Flow Stability:
Long-term, loyal tenant base with tenures extending up to 6–8+ years
PROPERTY DETAILS & SPECIFICATIONS
Turnkey Unit Configurations & Modern Finishes
Total Units: 6 Identical 1-Bed / 1-Bath Floor Plans (650 SF each)
Lot Size / Zoning: 7,500 SF Lot | RM-1 Zoning (Ocean Beach Addn No 3)
Gross Building Area: 3,600 SF
In-Unit Amenities: Dedicated Washer & Dryer in every single unit.
Weather & Hazard Fortification: Complete clear impact resistant windows and structural impact doors, qualifying the owner for substantial commercial insurance premium reductions.
Interior Upgrades: Fully furnished inventory included, modern stainless steel dishwashers, tankless water heaters, durable ceramic/laminate flooring, digital keyless locks, CCTV security system, and recent HVAC replacements (Unit 6 upgraded in 2025).
DOWNLOADABLE INVESTOR RESOURCES
Downloadable Assets Available for Immediate Review:
MIAMI BEACH LOCATION
AAA Prime South Beach Core * Unmatched Walkability & Capital Appreciation
Nestled in one of the most supply-constrained and high barrier to entry micro markets in North America, 645 Lenox Avenue places tenants in the highly coveted South of Fifth / South Beach neighborhood. This premier location offers investors exceptional tenant retention, premium rental rates, and strong long-term equity appreciation.
Key Neighborhood Advantages & Growth Drivers
Immediate Proximity to $500 Alton Megadevelopment & Canopy Park:
Located just steps away from the transformative 500 Alton Project and its new 3 acre public park (Canopy Park).
World-Famous Beaches & South Pointe Park:
Tenants enjoy direct walkable access to South Beach’s pristine coastline, the iconic South Pointe Park & Pier, marina boardwalks, and world class dining destinations
Essential Infrastructure & Retail Convenience:
Unbeatable daily convenience with Publix Super Market, Baptist Health Urgent Care, pharmacies, fitness centers, and local boutiques located within a 2 to 3 block radius.
Seamless Commoter Connectivity:
Instant access to the MacArthur Causeway (I-395) allows residents to commute into Downtown Miami, Brickell Financial District, PortMiami, and Wynwood in under 10–15 minutes, making it an ideal residence for young professionals and executives.
CONTACT & SHOWING REQUEST
Listing Brokerage: Lamarca & Co. Inc.
Listing Agent: Antonieta Lamarca
Phone: (305) 781-7034
Email: info@lamarcaandco.com
Office Address: 2332 Galiano Street, 2nd Floor, Coral Gables, FL 33134