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Sold for $2,950,000
  • $2,950,000

    745-747 Lenox Ave, Miami Beach, FL 33139

    11beds
    10baths
    1,760sqft
    Triplex
    Built in 1952
    -- sqft lot
    $2,921,700 Zestimate®
    $1,676/sqft
    $4,014 Estimated rent

    Home value

    $2,921,700

    $2.57M - $3.33M

    $4,014/mo

    Zestimate® history
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    What's special

    Private tropical gardens
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Silvana Carvalho 786-767-0131,

    Majestic Properties LLC

    Bought with:

    Lawrence Frisch, 3267113

    LoKation

    Source: MIAMI,MLS#: A11928120MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 10
    Heating
    • Electric
    Cooling
    • Central Air
    Features
    • Flooring: Wood
    • Windows: High Impact Windows
    Interior area
    • Total structure area: 1,760
    • Total interior livable area: 1,760 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Balcony, Other
    Lot
    • Features: Less Than 1/4 Acre Lot
    Details
    • Additional structures: Extra Building/Shed
    • Parcel number: 0242033510020
    • Zoning: 3900

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Concrete Block Construction
    • Roof: Concrete,Flat Roof With Facade Front
    Condition
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Lenox Condo
    HOA
    • Has HOA: Yes
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $1,676/sqft
    • Annual tax amount: $34,070
    • Date on market: 12/9/2025
    • Listing terms: All Cash,Conventional,FHA

    Price history

    DateEventPrice
    3/28/2026Pending sale$3,100,000+5.1%$1,761/sqft
    Source: MIAMI #A11928120 Report a problem
    3/20/2026Sold$2,950,000-4.8%$1,676/sqft
    Source: MIAMI #A11928120 Report a problem
    12/9/2025Listed for sale$3,100,000-7.5%$1,761/sqft
    Source: MIAMI #A11928120 Report a problem
    8/1/2025Listing removed$3,350,000$1,903/sqft
    Source: MIAMI #A11761959 Report a problem
    3/12/2025Listed for sale$3,350,000$1,903/sqft
    Source: MIAMI #A11761959 Report a problem
    3/12/2025Listing removed$3,350,000$1,903/sqft
    Source: MIAMI #A11702284 Report a problem
    12/2/2024Listed for sale$3,350,000-2.9%$1,903/sqft
    Source: MIAMI #A11702284 Report a problem
    8/18/2024Listing removed$3,450,000-6.6%$1,960/sqft
    Source: MIAMI #A11592625 Report a problem
    5/23/2024Listed for sale$3,695,000$2,099/sqft
    Source: MIAMI #A11592625 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Flamingo Lummus

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,921,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,921,700