$530,000

1551 Lenox Ave #7, Miami Beach, FL 33139

Bedrooms
2
Baths
2
Living area
970 ft²
Price per ft²
$546 / ft²
Type
Condo
Year built
1948
HOA
$859 / mo HOA
On market
8 days on market
MLS #
A12089794

Excellent opportunity to own a 2 BR / 2 BA unit in the heart of Miami Beach. This second-floor unit offers an open living area, abundant closet space, and its own outdoor seating set on a shared balcony walkway, perfect for morning coffee or unwinding at the end of the day. Tucked away on a quiet, tree-lined street, the building is just steps from world-famous Lincoln Road, where you'll find top-rated restaurants, boutique shopping, and vibrant cafés — with the beach, Sunset Harbour, and Flamingo Park all within easy reach. Offered furnished with all the essentials (including Washer & Dryer) the unit is ready for a seamless move-in. A fantastic chance to enjoy the best of South Beach living in a calm, centrally located setting.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $546. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 10% below the median.
  • Position in the area’s price distributionThe asking price is $530,000; the median of recorded sales in the area is $585,000 (2,214 sales). On raw price that is 9% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $859 per month comes to $10,308 a year — 1.9% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$159,000
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$2,456
Loan amount
$371,000
Total interest over the term
$513,098
Total repaid
$884,098

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Abodee Realty LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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