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Investment Highlights

  • Turn key operation, and an exceptional piece of real estate.

Executive Summary

Exceptional building, business, website with full licenses operating in South Beach since 2014.
Trip Advisor's #1 rated Bed & Breakfast in Miami. Completely rehabilitated in 2013 and renovated in 2025. Excellent reviews on Expedia, Booking.com, and Airbnb. Direct bookings available at www.barshotel.com.
FULLY LISCENSED, and operating since 2014.
Nestled in the heart of Miami Beach’s iconic Art Deco Historic District, 711 Lenox Avenue offers future owners and guests of this charming 8-room Bed & Breakfast an unbeatable South Beach location.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,044,150 CAD
Price Per Room $505,519 CAD
Sale Type Investment
Cap Rate 4.70%
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class C
Lot Size 0.17 AC
Building Size 2,558 SF
No. Rooms 8
No. Stories 1
Year Built/Renovated 1934/2013
Parking Ratio 0.78/1,000 SF
Corridor Interior
Zoning 3900 - MULTI-FAMILY - 38-62

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 8 $388.81 CAD -
Exceptionally walkable
90/100
Fairly drivable
40/100
Some public transit
40/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
02-4203-009-7570
Land Assessment
$1,574,696 CAD (2025)
Improvements Assessment
$364,743 CAD (2025)
Total Assessment
$1,939,439 CAD (2025)
  • Listing ID: 40518406

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 711 Lenox Ave, Miami Beach, FL 33139

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