$2,850,000

Estimated payment $17,608/month

Total Views 467
-- Bed
-- Bath
2,558 Sq Ft
$1,114 Price per Sq Ft

Highlights

  • Deck
  • Furnished
  • Clear Impact Glass
  • South Pointe Elementary School Rated 9+
  • No HOA
  • 5-minute walk to Canopy Park

About This Home

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.

Listing Agent

David Restainer, CCIM

Douglas Elliman License #0661121 Listed on: 06/04/2026

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,953

Year Built

  • Built in 1934

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,558 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Tile Flooring
  • Clear Impact Glass

Parking

  • 4 Parking Spaces
  • Parking Available

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-009-7570

Community Details

Overview

  • No Home Owners Association
  • Ocean Beach Addn No 3 Condos
  • Ocean Beach Addn No 3 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,953

Year Built

Built in 1934

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1934
  • Property Sub Type: Quadruplex
  • Directions: From Miami Int'l Airport or I-95: Take I-395 (MacArthur Causeway) East to Ocean Pass world's largest cruise ship port & USA's wealthiest zip on your right Left on Lenox Ave, B&B is 2 blocks on right.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: OCEAN BEACH ADDN NO 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 2850000
  • InternetRemarks: Hello
  • ShowingTimeFlag: No
  • UnitTypeDescription: Family Room,Kitchen,Patio/Porch
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile
  • Living Area: 2558
  • Stories: 1
  • Window Features: Clear Impact Glass, Blinds
  • UnitTypeFurnished: Furnished

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Exterior Features: Barbeque
  • Construction Type: Concrete Block Construction, CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN BEACH ADDN NO 3
  • Total Parking Spaces: 4
  • MIAMIRE_Parking: Space

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Curr Owner Wind Mitig Cert Avail

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-03-009-7570
  • Zoning: 3900

Rental Info

  • Rent Includes: Cable TV, Electricity, Gardener, Pest Control, Trash Collection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 24953

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 8

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,994 $1,385,581 $1,125,000 $260,581
2024 $29,222 $1,557,867 $1,293,750 $264,117
2023 $29,222 $1,546,426 $1,293,750 $252,676
2022 $29,119 $1,549,760 $1,293,750 $256,010
2021 $29,067 $1,494,069 $0 $0
2020 $27,508 $1,528,376 $1,293,750 $234,626
2019 $25,578 $1,465,623 $1,237,500 $228,123
2018 $20,594 $1,300,171 $1,237,500 $62,671
2017 $19,837 $891,655 $0 $0
2016 $19,331 $810,596 $0 $0
2015 $14,600 $736,906 $0 $0
2014 $14,368 $707,169 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2026 06/04/26 For Sale $2,850,000 +419.1% $1,114 / Sq Ft
04/19/2012 04/19/12 Sold $549,000 0.0% $224 / Sq Ft View Prior Sale
03/23/2012 03/23/12 Pending -- -- --
12/18/2011 12/18/11 For Sale $549,000 -- $224 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $549,000 Attorney
Warranty Deed $280,000 --
Deed $277,000 --
Warranty Deed $100 --
Deed $100 --
Warranty Deed $285,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $715,000 Construction
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A12030556

MIAMI REALTORS® MLS

APN: 02-4203-009-7570

Your Personal Tour Guide

Ask me questions while you tour the home.