Premier Brokers International
711 Lenox Avenue, Miami Beach, FL 33139
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12030556
$2,699,000

↓ Price reduced $151,000 on Sep 24, 2026

711 Lenox Avenue, Miami Beach, FL 33139

Beds
—
Baths
0
Sqft
2,558
Est. payment$17,434/mo
Home type
Quadruplex
Year built
1934
Lot size
—
Price / sqft
$1,055
HOA
$0/mo
Community
OCEAN BEACH ADDN NO 3

Property description

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 activity

Days on market
112
Listed
Jun 4, 2026
MLS listing updated
Sep 24, 2026
Feed last checked
2 minutes ago

Listed by David Restainer · Douglas Elliman

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Tile
Laundry
Outside

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Exterior

Stories
1
Building area
2,558 sqft
Patio & porch
Deck
Exterior features
Barbecue
Pool
No
Waterfront property
No

Lot

Lot dimensions
7500
Zoning
3900
Construction

Type & style

Home type
Quadruplex
Structure type
Multi Family
Year built
1934
New construction
No

Materials

Construction
Block, CBS
Roof
Spanish Tile
Property condition
Updated/Remodeled, Resale
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available
Community & HOA

Community

Subdivision
OCEAN BEACH ADDN NO 3
MLS area
2420

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33139
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12030556
Possession
Close Of Escrow
Original list price
$2,850,000
Parcel number
0242030097570
Annual property tax
$24,953
Tax year
2025
Tax legal description
OCEAN BEACH ADD NO 3 PB 2-81 LOT 10 BLK 96 LOT SIZE 50.000 X 150 OR 19488-4121 02 2001 1
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
2558
Construction Materials
Block, CBS
County Or Parish
Miami-Dade
Days On Market
112
Elementary School
Miami Beach South Pointe
High School
Miami Beach
Laundry Features
Outside
List Price
2699000
Listing Contract Date
2026-06-04
Living Area
2558
Lot Size Dimensions
7500
MLSArea Major
2420
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Active
On Market Date
2026-06-04
Patio And Porch Features
Deck
Photos Count
24
Postal Code
33139
Price Change Timestamp
2026-09-24T14:53:35Z
Property Sub Type
Quadruplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-04T04:00:00Z
Stories Total
1
Subdivision Name
OCEAN BEACH ADDN NO 3
Water Source
Public
Tax Annual Amount
24953
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 4, 2026ListedMIAMI REALTORS® MLS$2,850,000$1,114/sqft
Sep 24, 2026Price reducedMIAMI REALTORS® MLS$2,699,000$1,055/sqft

Public tax history

YearProperty taxesAssessment
2025$24,953—

Payment calculator

Estimated monthly payment$17,434/moIllustrative estimate, not a loan offer.
Principal & interest
$14,005
Property taxes
$2,079
Insurance
$1,350
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

OCEAN BEACH ADDN NO 3

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary
—
Miami Beach NautilusMiddle
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Douglas Elliman. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.