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 and Breakfast

745 LENOX AVE #3, Miami Beach

$3,100,000 USD
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Address745 LENOX AVE #3, Miami Beach
Building NameLENOX CONDO
Type of PropertyTriplex
Property StyleTriplex
Price$3,100,000
Sold on28th March, 2026
Sold Price$2,950,000
Property StatusClosed
MLS NumberA11928120
Living Area1760
Year Built1952
Parking Space Number3
Folio Number02-42-03-351-0020
Zoning Information3900
Days on Market4

Detailed 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 and 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 sq.ft 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 with

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address745 LENOX AVE
Section3
Zip Code (4 Digits)5935
Financial Information
Price$3,100,000
Price per Foot$0
Sold on28th March, 2026
Sold Price$2,950,000
Folio Number02-42-03-351-0020
Association Fee PaidMonthly
Tax Amount$34,070
Tax Year2022
Terms of SaleConventional
Type of ContingenciesFinancing
Full Descriptions
Detailed DescriptionVilla 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 and 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 sq.ft 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 with
Roof DescriptionConcrete, Flat Roof With Facade Front
Floor DescriptionWood
Cooling DescriptionCentral Air
Heating DescriptionElectric
Sewer DescriptionPublic Sewer
Property parameters
Living Area1760
Zoning Information3900
Year Built1952
Type of PropertyTriplex
StyleTriplex
Building NameLENOX CONDO
Development NameLENOX CONDO
Construction TypeConcrete Block Construction
Stories Number2.000
Parking Space Number3
Listed withMajestic Properties LLC