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Map
$2,500,000
↑ $2.5M (5,555,455.6%)
●
Commercial -
For Sale
1560 Lenox Ave #101
Miami Beach, FL 33139
Studio
0 Bath
$15,643
Estimated Monthly
$2,079
HOA / Fees
-0.96%
Cap Rate
About This Property
Rare opportunity to own a turnkey retail condo in this deco gem
loft building. This hard corner location (approx. 3,000 SF)
is the premier retail condo space at Industry Lofts, one of the few
"work/live" zoned buildings on Miami Beach. High ceilings,
polished concrete floors, full impact windows, European kitchen and
bath. Down the street from Sunset Harbor and around the corner from
Alton and Lincoln Road. Big windows and exposure to Lenox Ave and
16th Street. Perfect set up for retail or office.
Unit Size
-
Days on Market
242 days
Land Size
0.24 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,288
HOA Dues
$2,079
Year Built
-
Listed By
Last updated: 2 months ago (Miami MLS #A11444192)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2024 | Price Increased |
$2,500,000
↑ $3M
(5,555,455.6%)
|
|
| Price Increased | |||
| Aug 30, 2023 | Listed by Excel Investment Corporation | $45 | |
| Listed by Excel Investment Corporation | |||
|
|||
|
Prominent retail corner location in Industry Lofts (Lenox and 16th
Street). Steps from Alton and Lincoln Road. Turnkey move-in ready
space on high traffic street. Loft style open floor plan with
polished concrete floors, impact windows, European kitchen and full
bath. Work/live building. Big exposure with building signage. Ideal
for office or retail.
|
|||
Property Highlights
Garage
Parking Available
Elevator
Exterior Details
Property Information
Year Built: 1953
Building Information
Building Name: Industry Lofts
Building Area Total: 3000
Building Area Units: Square Feet
Building Area Total: 3000
Lot Information
Lot Size Units: Square Feet
Lot Size Square Feet: 10285
Financial Details
Tax Legal Description: INDUSTRY CONDO UNIT 101 UNDIV 13.565% INT IN COMMON ELEMENTS OFF REC 24752-0990 COC 26295-0031 03 2008 1
Tax Annual Amount: $15,460
Parcel Number: 02-32-34-186-0010
Property is Zoned: 6100
Location Details
No Home Owners Association
1560 Lenox Ave #101, Miami Beach, FL, 33139
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Other
Loft
-
3,990 ft²
$583/ft²
$2,325,000
Jun 27, 2023
$2,325,000
Dec 22, 2023
$2,057/mo
Sold
Other
Loft
-
2,860 ft²
$874/ft²
$2,500,000
Aug 1, 2023
$2,500,000
Oct 19, 2023
$2,861/mo
Multifamily
Stu
-
4,240 ft²
$495/ft²
$2,100,000
Jan 13, 2023
$2,100,000
Sep 6, 2023
$2,647/mo
Condo
1
Bed
1
Bath
1,036 ft²
$2,000/ft²
$2,072,000
Nov 15, 2022
$2,072,000
Oct 2, 2023
$3,446/mo
Condo
2
Beds
3
Baths
1,407 ft²
$1,777/ft²
$2,500,000
Oct 1, 2023
$2,500,000
Nov 17, 2023
$3,904/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/18/2021
|
|
Loft
|
-
|
-
|
$5,000
Loft
-
|
-
-
|
-
|
Carmen Fernandez
P & I Florida LLC
|
|
10/01/2020
|
1 Bed
|
1 Bath
|
1097 ft²
|
$499,000
1 Bed
1 Bath
1097 ft²
|
$475,000
-4.81%
04/29/2021
|
-
|
Gary Hennes
Gary Hennes Realtors
|
|
|
01/07/2020
|
Studio
|
1 Bath
|
757 ft²
|
$450,000
Studio
1 Bath
757 ft²
|
-
-
|
-
|
Dara Kittani
Beachfront Realty Inc
|
|
|
04/26/2018
|
Studio
|
1 Bath
|
959 ft²
|
-
Studio
1 Bath
959 ft²
|
-
-
|
-
|
-
|
|
|
02/01/2018
|
2 Bed
|
2 Bath
|
1492 ft²
|
$965,000
2 Bed
2 Bath
1492 ft²
|
-
-
|
-
|
Tristan Alexander
Compass Florida, LLC.
|
Building Info
1560 Lenox Avenue
1560 Lenox Avenue, Miami Beach, FL 33139
- 3 Units for Sale
About Flamingo - Lummus
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Listed by: Benjamin Brody
Excel Investment Corporation
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11444192
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Excel Investment Corporation
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11444192
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
