100 Lincoln Rd 1214, Miami Beach, FL 33139 — MLS photo

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100 Lincoln Rd 1214, Miami Beach, FL 33139

Active · Condominium

$659,000

100 Lincoln Rd 1214, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
1,190 sq ft
$ / sq ft
$554/sq ft
Year built
1965
Lot size
—
HOA fee
$1,842
Annual tax
—

About this property

Corner Unit - No balcony. 2 bedrooms 2 baths, 1190 SF apartment in Decoplage Condominium . One folio according to public records, however, these are 2 apartments in one. 1st apartment (1214B) is a 1 bedroom /1 bath, walk in closet, big living room area with open kitchen and the 2nd apartment (1214A) is a remodeled studio with kitchen and bathroom. You can rent, both together or separated as they have separated entrance. Very flexible rental opportunities in this property. 30 days minimum rental lease allowed. This condominium has great common areas, big lobby area, heated pool, state of the art gym, exit to the beach, beach service, bike room, receiving/ delivery entrance . One parking space. No balcony. Corner unit with views of Collins Ave and Lincoln Road. Buyer to take over payments of the special assessment in place after closing. See brokers remarks. Buyers' agent to verify all Association information directly with Decoplage Management.

Property location

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100 Lincoln Rd 1214, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,190 sq ft

Exterior & Structure

Property type
Condominium
Year built
1965

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,842
County
Miami-Dade
MLS listing ID
A11813397
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,835

Cap rate
0.5%
Net yield
0.5%
Cash-on-cash return
-18.4%
Gross yield
7.2%
Mortgage payment
$3,124/mo
Down payment
$164,750
Loan amount
$494,250
Annual NOI
$3,465

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.