About This Home
This 8-bedroom, 0-bathroom residential multi family at 711 Lenox Ave in Miami Beach, FL is listed for $2,850,000 ($1,114 per sqft). Built in 1934, the home offers 2,558 sqft of living space on a N/A lot.
Key Features
- Built in 1934
- 4 parking spaces
Property Details
Amenities
711 Lenox Avenue, operating as Bars Hotel, is a fully-licensed, turnkey 8-room boutique Bed & Breakfast in the heart of Miami Beach's Art Deco Historic District. Built in 1934 and comprehensively renovated in 2013, the Spanish Colonial Revival property has earned a 14-year track record of guest acclaim, including the #1 Bed & Breakfast in Miami Beach on TripAdvisor.
The asset sits on a 7,500 SF lot inside one of the world's most photographed neighborhoods, an 11-minute walk to the Atlantic, and within blocks of Lincoln Road, Ocean Drive, Flamingo Park, and the Miami Beach Convention Center. A rare combination of historic significance, an active hotel license, and immediate income - supported by a Miami Beach hospitality submarket forecast to deliver 8.6% RevPAR growth in 2026.
Monthly Cost Estimate
$15,242/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
711 Lenox Ave
Miami Beach, FL 33139
OCEAN BEACH ADDN NO 3
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 711 Lenox Ave is listed at $2,850,000 ($1,114/sqft). The estimated monthly payment is $15,242 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1934, 4 parking spaces. Exterior Features: Barbecue, Deck.
This property is listed by David Restainer PA and can be reached at 3054821450.
